Econo-Cool air conditioners cost $305 to purchase, result in electricity bills of 5151 per year, and to yours. Leary Not mode cost $505, result in electricity bills of $102 per year, and last for 8 years. The discount ate 20% a. What is the equivalent annual cost of the Econo-Cool model? (Do not round intermediate calculations. Round your own 2 decimal places.) 5 252.98 Equivalent annual cost - What is the equivalent annual cost of the Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 ecimal places.) Luxury Air 233.61 quivalent annual cost Luxury All d-1. Now you remember that the inflation rate is expected to be 10% per year for the foreseeable future. What is the equivalent cost of the Econo-Cool and Luxury Air model? (Do not round intermediate calculations. Round your answers to 2 decimal place) Econo Cool Luty Equivalent annual cost d-2. Which model is more cost-effective? O Econo-Cool O Luxury Air