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Question

An office manager spent 650.00 on a new energy saving copier that will reduce the monthly electric bill from 112.00 to 88.00. In how many months will the copier pay for itself?

Answer 1

will reduce the monthly electric bill from 112.00 to 88.00

112-88 = 24/mo saved

650.00 on a new

650/24 = 27.08 months

So, almost paid for in 27 months, paid for in 27 months and 2.4 days