Find minimum electric rate in cents per kwh


One freezer costs $623.95 and uses the 90 kilowatt hours (kwh)of electricity every month. The second freezer costs $500 and uses 100kwh of electricity every month. Expected life of every freezer is 12 years. Find minimum electric rate in cents per kwh for which 12-year total cost (purchase price + electricity costs)will be less for 1st freezer?

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Mathematics: Find minimum electric rate in cents per kwh
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