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Last year we budgeted $8,000 for electricity. We expect to the price per kilowatt hour (kWh) to go up from 6.5 cents per kWh to 7 cents per kWh. We have also recently implemented a program to reduce energy usage and expect our usage to decrease by 20%. How much should we budget for electricity?

Give details comprehensively and show all workings.

Basic Finance, Finance

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  • Reference No.:- M91147080

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