Carrying forward the same data... A Solar panel installation on a warehouse costs $10,000 to install. The company will get a refund from the utility company at the end of each year, over the next ten years. Expected Annual savings from reduced energy bill is $2500 per year (same data as above). What is the Internal Rate of Return (IRR) if the company proceed with the project? 9% 20.0% 21.4% 23.5%
Carrying forward the same data... A Solar panel installation on a warehouse costs $10,000 to install. The company will get a refund from the utility company at the end of each year, over the next ten years. Expected Annual savings from reduced energy bill is $2500 per year (same data as above). What is the Internal Rate of Return (IRR) if the company proceed with the project? 9% 20.0% 21.4% 23.5%
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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