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Business, 18.02.2021 23:10 sophialoperx

g you are deciding between a conventional air conditioner and a high efficiency (High SEER) unit. The high efficiency unit costs $5,000 more than the conventional unit, but will save on average $ 1,300 per year. If the discount rate is 4%, how long will it take to pay back the initial investment, making the efficient system worth the increased price

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