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Compare Two Refrigerators: Refrigerator a Costs $500;Refrigerator B Costs $650

Question 24

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Compare two refrigerators: Refrigerator A costs $500;Refrigerator B costs $650.A uses $0.70 per day ($255.50 per year)and B uses $0.45 of electricity per day ($165.25 per year);both have a life expectancy of 10 years.Which has the lower life-cycle cost?

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The cost of owning refrigerator A is
$50...

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