You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Particular Refrigerator(1) Refrigerator(2)
Cost $1,700 $1500
Less: Saving $225 $0
Less: Opportunity Cost $0 $60
Total Investment $1,475 $1,440
Calculation of Saving = 45 x 5 = 225
Calculation of Opportunity cost = [(1700-1500)6%] x 5 = 60
Total Investment of Refrigerator(2) is lesser than Refrigerator(1)
So , we should Purchase Refrigerator(2).
because of how cold the freezer can get it can slow down the production of raw meat therefore you put it in the freezer
You should store it in the aptly titled meat drawer, which keeps food colder than the rest of the fridge.