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shusha [124]
3 years ago
14

To save energy and money, Jackie Smith replaced the 150 Watt incandescent light bulb in her house with a 32 Watt CFL bulb. The e

xpected life of incandescent and CFL bulbs is 1000 and 8000 hours respectively. The purchase price of an incandescent bulb is $0.70 and for the CFL it is $5.71. The cost of electricity is 5 cents per kWh. What is her total savings over the life time of the CFL
Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

total savings using CFL light bulbs = $47.09

Explanation:

We can compare the costs of 8,000 hours of lighting:

incandescent light  bulbs

  • you need 8 incandescent light bulbs to generate 8,000 hours of lighting = 8 x $0.70 = $5.60
  • they will consume a total of 150 watts x 8,000 hours = 1,200 kWh x $0.05 per kWh = $60
  • total cost = $5.60 + $60 = $65.60

CFL light bulbs

  • you need one CFL light bulb to generate 8,000 hours of lighting = $5.71
  • it will consume a total of 32 watts x 8,000 = 256 kWh x $0.05 = $12.80
  • total cost = $5.71 + $12.80 = $18.51

total savings = $18.51 - $65.60 = -$47.09

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3 years ago
A business has the following items: - Land $1,500,000 - Machinery $30,000 - Cash $10,000 - Loan $500,000 - Owner’s equity? _____
vodomira [7]

Answer:

The owner's equity amounts to $1,040,000

Explanation:

The formula to compute the owner's equity is as:

Owner's equity = Assets - Liabilities

Where

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= $1,500,000 + $40,000

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3 years ago
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Vlad1618 [11]

Answer:

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The fact that a bank's assets tend to be long-term while its liabilities are short-term creates: multiple choice interest-rate r
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3 years ago
Chris Co. produces sports equipment and is currently producing 1,000 mini long boards annually. A supplier has offered to produc
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