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It costs $10,000 to replace the old broken windows with brand new energy efficient windows. This project would save a home owner $1,000 per year
It costs $10,000 to replace the old broken windows with brand new energy efficient windows. This project would save a home owner $1,000 per year the home owner plans to live in the house for more than 10 years. Which statement(s) are absolutely true:
the project has a positive Net Present Value | ||
the project breaks even in 10 years | ||
the project has a negative Net Present Value | ||
the Internal Rate of Return is positive | ||
the Net Present Value of the project depends on the choice of the discount rate |
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