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Lester Manufacturing is conducting preliminary research into installing a geothermal heat pump to heat and cool its factories and offices. The initial cost of installing the new system is $265,000; however, Lester will save $65,000 annually on its heating and cooling costs. The system has an expected life of 35 years. What is the payback period, in years, for the geothermal heat pump?
Adaptive Functioning
The ability to effectively manage and cope with daily life demands and challenges, reflecting practical, social, and conceptual skills.
Attention-Deficit/Hyperactivity Disorder
A neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are pervasive and impair daily functioning.
Autism Spectrum Disorder
A developmental disorder characterized by deficits in social interaction, by impaired communication, and by restricted, repetitive behavior and interests.
Social Cues
Non-verbal or verbal hints that guide social interactions, such as facial expressions, body language, and vocal tones.
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