Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the annualized cost, expressed on a present worth basis, of a small scale wind energy system for a 20 yr period (t = 20)
Calculate the annualized cost, expressed on a present worth basis, of a small scale wind energy system for a 20 yr period (t = 20) of analysis if the wind energy system has the following specifications: Initial wind energy cost, Cw.tot = $30,000 Salvage Value = $0 Discount rate, i = 4% Effective discount rate, i' = 4% (no inflation, i = i') Market loan rate, loan = 6% Repairs, Rx = $200/yr Property tax = 0 Maintenance + Insurance = $1000/yr Income tax bracket, Tinc = 30%
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