Chillingsworth Has a Neighbor, Shivers, Who Faces the Same

question 13

Multiple Choice

Chillingsworth has a neighbor, Shivers, who faces the same options for insulating his house as Chillingsworth.But Shivers has a larger house.Shivers's annual fuel bill for home heating is 1,100 dollars per year.Plan A will reduce his annual fuel bill by 15%, plan B will reduce it by 20%, and plan C will eliminate his need for heating fuel altogether.The plan A insulation job would cost Shivers 1,100 dollars, plan B would cost him 2,000 dollars, and plan C would cost him 12,100 dollars.If the interest rate is 10% and his house and the insulation job last forever, which plan is the best for Shivers?

• A)Plan A.
• B)Plans A and B are equally good.
• C)Plan B.
• D)Plan C.
• E)He is best off using none of the plans.

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Definitions:

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.

Acceptance Stage

A phase in the psychological process of grieving or coping, where an individual comes to terms with a reality or situation.

Learning

The acquisition of knowledge or skills through experience, study, or being taught.

Demonstrates

The action of showing or proving something through example or evidence, often used in educational and professional contexts.