SOLUTION: Emily needs to purchase a new air conditioner for the office. Model 1600A costs $950 to purchase and $32 per month to operate. Model 6070B, a more efficient unit, costs $1275 to pu
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Emily needs to purchase a new air conditioner for the office. Model 1600A costs $950 to purchase and $32 per month to operate. Model 6070B, a more efficient unit, costs $1275 to pu
Log On
Question 1119732: Emily needs to purchase a new air conditioner for the office. Model 1600A costs $950 to purchase and $32 per month to operate. Model 6070B, a more efficient unit, costs $1275 to purchase and $22 per month to operate.
a) After how many months will the total cost of both units be equal?
b) Which model will be the more cost effective if the life of both units is guaranteed for 10
years?
