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Which option is better, heating with natural gas or with electricity? Both the equipment and the building have a 25-year life and a salvage value

Which option is better, heating with natural gas or with electricity? Both the equipment and the building have a 25-year life and a salvage value of 0. The interest rate is 8%.

Fuel First Cost Annual Heating Cost
Natural Gas $15,000 $1,200
Electricity $8,000 $1,900

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