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For a motive power installation, two options of electric motors with 200CV are being considered using a bank loan at an interest rate of 7%

For a motive power installation, two options of electric motors with 200CV are being considered using a bank loan at an interest rate of 7% per year: motor A that consumes 160 kW of power electric and costs 4800 or; motor B which consumes 155 kW and costs 5800. Engines run for 1600 hours per year with electricity costing 0.09/kWh. For a useful life of 15 years, coinciding with the duration of the loan, calculate the savings that can be achieved with the most economical option versus the least economical.

Correct answer is 5558 euro

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