Compare two refrigerators: Refrigerator A costs $500; Refrigerator B costs $650. A uses $0.70 per day ($255.50 per year) and B uses $0.45 of electricity per day ($165.25 per year); both have a life expectancy of 10 years. Which has the lower life-cycle cost?
What will be an ideal response?
The cost of owning refrigerator A is
$500 + (255.50/year • 10 years) = $500 + $2,555 = $3,055.00.
The cost of owning refrigerator B is
$650 + (164.25/year • 10 years) = $650 + $1,642.50 = $2,292.50.
The life-cycle cost of refrigerator B is actually cheaper than A.
You might also like to view...
The cubes are moved by forklift tractors from the cubing area to the storage yard.
Answer the following statement true (T) or false (F)
Which of the following is NOT an advantage of an LED over a light bulb element?
A. converts light directly to electricity B. has no heat losses C. produces more light with less current D. longer service life
Pulsed spray transfer is utilized in all positions
Indicate whether the statement is true or false
What section of the Clean Air Act concerns work on air-conditioning systems in vehicles?
A) 847 B) 609 C) 777 D) 103a