Question
On second thoughts, XYZ decides to keep the old truck. They can choose to retrofit it or not. The retrofit will cost $3,496. After the
On second thoughts, XYZ decides to keep the old truck. They can choose to retrofit it or not. The retrofit will cost $3,496. After the retrofit, the annual fuel and maintenance cost will be $700 for the first year and increases by $169 each year.
XYZs minimum attractive rate of return is 4%. If XYZ will get rid of the old truck in six years, what is the total present cost of retrofit?
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Do It Yourself Home Energy Audits 140 Simple Solutions To Lower Energy Costs, Increase Your Home's Efficiency, And Save The Environmen
Authors: David Findley
1st Edition
0071636390, 978-0071636391
