The EER of a cooling system is the ratio of BTUs per hour to watts.
.. EER = (6000 BTU/h)/(500 W)
.. EER = 12
C = $5.85
$5.85 = 0.35t + 0.6
-.6 -.6
$5.25 = 0.35t
------- --------
.35 .35
15 = t
15 minutes
Answer:
<em>Below is a breakdown of the results of these different compound periods with a 10% nominal interest rate: Semi-annual = 10.250% Quarterly = 10.381% Monthly = 10.471%</em>