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Business, 29.02.2020 00:25, leomcintyre12
Four hundred pounds of copper are used in a typical 2 comma 1002,100-square-foot newly constructed house. Today's copper price is $3.503.50 per pound. a. If copper prices are expected to increase 8.48.4% per year (on average), what is the cost of copper going to be in a new 2 comma 3002,300-square-foot house built 1111 years from now? Use a cost-capacity factor of 1.0. b. To minimize building costs, do you think that another less-expensive material (e. g., aluminum) will be substituted for copper in the electrical wiring in new homes?
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