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Next Page Page 2 of 30 Question 2 (1 point) Air conditioning for a college dormitory will cost $2,000,000 to install and $150,000 per year

Next Page Page 2 of 30 Question 2 (1 point) Air conditioning for a college dormitory will cost $2,000,000 to install and $150,000 per year to operate. The system should last 20 years. The real cost of capital is 4% and the college pays no taxes. What is the equivalent annual cost? $273,390.42 $297,163.50 $201.927.45 $320.936.58 Next Page Page 2 of 30

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