Question
You decide to replace all the lighting in your house from incandescent to LED bulbs. Each 15W LED light bulb costs $18, lasts 10 years,
You decide to replace all the lighting in your house from incandescent to LED bulbs. Each 15W LED light bulb costs $18, lasts 10 years, and uses 75% less energy than its incandescent counterpart. Assume the light bulbs are turned on 30% of the time and the interest rate is 4%. What is the cost of conserved energy associated with switching from incandescent to LED lighting?
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Mathematical Analysis II
Authors: Claudio Canuto, Anita Tabacco
2nd Edition
3319127578, 9783319127576
