Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5-6: A large induced-draft fan is needed for and upgraded industrial priocess. The motor to drive this fan is rated at 100 horsepower, and the
5-6: A large induced-draft fan is needed for and upgraded industrial priocess. The motor to drive this fan is rated at 100 horsepower, and the motor will operate at full load for 8760 hours per year. The motor's efficiency is 92%. Because the motor is fairly large, a demand chage for $92 per kilowatt per year will be incurred ina ddtion to an energy chage of $0.08 per kilowatt hour. If the installed cost fo teh motor us $4,000, what is the present worth of the motor over a 10-year period when MARR is 15% per year?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started