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You go to Big George's to buy a new refrigerator for your apartment. The store offers two models, regular (costs $1500) and energy efficient (costs
You go to Big George's to buy a new refrigerator for your apartment. The store offers two models, regular (costs $1500) and energy efficient (costs $1700). Both will last for 10 years. The energy efficient refrigerator will save you $40 per year in electricity bills. What's the difference in the initial purchase price between the energy efficient model and the regular model?
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