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QUESTION 8 Suppose that the installation of Low-Loss thermal windows is expected to save $350 per year on your home heating bills. If you expect

QUESTION 8

  1. Suppose that the installation of Low-Loss thermal windows is expected to save $350 per year on your home heating bills. If you expect to occupy your home for 18 years and could earn 8% per year on other investments, how much can you afford to pay now to have the new windows installed?

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