Question: Econo - Cool Air Conditioners cost $ 5 0 0 to purchase and results in an electricity bill of $ 1 4 0 per year.

Econo-Cool Air Conditioners cost $500 to purchase and results in an electricity bill of $140 per year. The Econo-Cool Air Conditioners lasts for 7 years. The discount rate is 15%. What is the equivalent annual cost?
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Econo-Cool Air Conditioners cost $500 to purchase and results in an

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