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In an energy systems installation, following financial requirement was identified. Capital cost of equipment and installation - $150,000 i. Calculate the payback period of the
In an energy systems installation, following financial requirement was identified. Capital cost of equipment and installation - $150,000 i. Calculate the payback period of the system. ii. If the scarp value of the equipment is $5,000, determine is the net profit expected to be collected for the investment? iii. Explain how this profit is affected by "cost of money" or "interest". No calculations needed
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