Question
K A retail outlet is being designed in a strip mall in Nebraska. For this outlet, the installed fiberglass insulation to protect against heat
K A retail outlet is being designed in a strip mall in Nebraska. For this outlet, the installed fiberglass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $100,000. The annual savings in energy due to the insulation will be $20,000 at EOY one in the 9-year life of the outlet, and these savings will increase by 12% each year thereafter. If the annual interest rate is 15%, is the cost of the proposed amount of insulation justified? Click the icon to view the interest and annuity table for discrete compounding when /= 12% per year. Click the icon to view the interest and annuity table for discrete compounding when /= 15% per year. The present equivalent of energy savings is $. (Round to the nearest dollar.) K A retail outlet is being designed in a strip mall in Nebraska. For this outlet, the installed fiberglass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $100,000. The annual savings in energy due to the insulation will be $20,000 at EOY one in the 9-year life of the outlet, and these savings will increase by 12% each year thereafter. If the annual interest rate is 15%, is the cost of the proposed amount of insulation justified? Click the icon to view the interest and annuity table for discrete compounding when /= 12% per year. Click the icon to view the interest and annuity table for discrete compounding when /= 15% per year. The present equivalent of energy savings is $. (Round to the nearest dollar.)
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