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Energy Resources
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An energy efficient tv costs $500 and saves you $25 a month, what are the savings for 5 years?
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A
$1000
💡 Explanation:
The savings are calculated by multiplying the monthly savings ($25) by the number of months in 5 years (5 * 12 = 60 months). 25 * 60 = 1500, but the initial cost of the TV ($500) must be subtracted to find the net savings. 1500 - 500 = 1000.