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18-02-2024
Business

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If I wanted to invest in new pipes for my house, the upfront cost is $20,000. The pipes will require a maintenance cost of $250 at the end of every five years. The pipes will ultimately save me $1,850 every year in energy costs. The pipes are expected to last 20 years. If I require a rate of return of 4%, is this a good investment?

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