An energy manager has 5000 available to purchase a high, Business Economics

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An energy manager has 5000 available to purchase a high

An energy manager has $5000 available to purchase a high efficiency air conditioner that has a life of 6 years. The manager would like to know what should be the energy cost savings needed each year to justify the purchase (a) if the interest rate is 10%, and (b) if the interest rate is 3%

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