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roblem 1 0 - 2 9 Break - Even Cost [ LO 2 ] Light emitting diode ( LEDs ) light bulbs have become required
roblem BreakEven Cost LO
Light emitting diode LEDs light bulbs have become required in recent years, but do they make financial sense? Suppose a typical watt incandescent light bulb costs $ and lasts for hours. A watt LED, which provides the same light, costs $ and lasts for hours. A kilowatt hour of electricity costs $ A kilowatthour is watts for hour. However, electricity costs actually vary quite a bit depending on location and user type. An industrial user in West Virginia might pay $ per kilowatthour whereas a residential user in Hawaii might pay $ You require a return of percent and use a light fixture hours per year. What is the breakeven cost per kilowatthour? Do not round intermediate calculations and round your answer to decimal places, eg
Explication in excel, Step by Step please, help
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