Question
A household refrigerator is maintained at a temperature of 2C. Every time the door is opened, warm material is placed inside, introducing an average of
A household refrigerator is maintained at a temperature of 2°C. Every time the door is opened, warm material is placed inside, introducing an average of 420 kJ, but making only a small change in the temperature of the refrigerator. The door is opened 20 times a day, and the refrigerator operates at 15% of the ideal COP. The cost of work is 0.025 OMR per kWh. What is the monthly bill for this refrigerator? The atmosphere is at 30°C.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
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