Quote:
Originally Posted by pcovella
A $20,000 investment in a 4% annuity pays $1,472/year for 20 years. Is your electricity bill lower than $1,472/year? Also, $1,472 is less than the $1750 of electricity I produced.
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Yes. My electric bill is about $1100 per year for an all electric house. But, it is a small courtyard villa.