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A Solar panel installation on a warehouse costs $12,000 to install. The company will get a refund from the utility company at the end
A Solar panel installation on a warehouse costs $12,000 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 $2200 per year. If the company uses a 8% discount rate to evaluate projects, what is the (Net Present Value) NPV of the project? $6,441 O $6,044 $2,762 $3.596
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
