Question
1 (a) Decide which of the two investments listed below is best if money is worth 10.5%, compounded annually. (b) State the difference in capital
1 (a) Decide which of the two investments listed below is best if money is worth 10.5%, compounded annually. (b) State the difference in capital costs. (C) Calculate the annual investment cost advantage of the best choice.
Choice A: Initial cost of $12,000 with a life of 10 years and scrap value of $450
Choice B: Initial cost of $11,600 with a life of 7 years and scrap value of $600
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
