An environmentally friendly green home (99% air tight) costs about 8% more to construct than a conventional home. Most green homes can save 16% per year on energy expenses to heat and cool the dwelling. For a $290,000 conventional home, how much would have to be saved in energy expenses per year when the life of the home is 30 years and the interest rate is 12% per year? Assume the additional cost of a green homo has no value at the end of 30 years. $ would have to be saved in energy expenses per year during the life of the home. (Round to the nearest dollar.)