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In: Economics

The heat loss through the windows of a home is estimated to cost the homeowner $412...

The heat loss through the windows of a home is estimated to cost the homeowner $412 per year in wasted energy. Thermal windows will reduce heat loss by 93% and can be installed for $1,232. The windows will have no salvage value at the end of their estimated life of 8 years. Determine the net present equivalent value of the windows if the interest rate is 12%?

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Rahul Sunny answered 2 years ago
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