Download Whirlpool AKT 466
Transcript
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´$µEHWZHHQWKHZDOOFDELQHWVLVEHWZHHQPPDQGPPWKHKHLJKW ´%µPXVWEHDPLQLPXPRIPP ,IWKHGLVWDQFH´$µEHWZHHQWKHZDOOFDELQHWVLVJUHDWHUWKDQWKHZLGWKRIWKHFRRNWRSWKH KHLJKW´%µ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´$MXVWPHQWWR 'HFODUDWLRQRIFRQIRUPLW\ GLIIHUHQWW\SHVRIJDVµ 7KLVKREKDVEHHQGHVLJQHGFRQVWUXFWHGDQGPDUNHWHGLQFRPSOLDQFHZLWK VDIHW\UHTXLUHPHQWVRI((&'LUHFWLYH´*DVµ 5()(5(1&(72/2&$/5(*8/$7,216 VDIHW\UHTXLUHPHQWVRI((&'LUHFWLYH´/RZYROWDJHµ ,7 SURWHFWLRQUHTXLUHPHQWVRI((&'LUHFWLYH´(0&µ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´5HIHUHQFHWR/RFDO5HJXODWLRQVµ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