Part VI. CRF: Solar Energy Example You are installing a new solar energy system to a house. Use the following values to answer the questions: Initial Cost (installation): $15,000 Annual Income (energy to grid): $6,500 Annual Expenses (maintenance): $4,000 Lifespan: 8 years Salvage Value: $4,500 Determine the annuity of the project. Calculate the NPV. Based on the NPV alone, is this financially viable? Find the ACC. Determine the CRF. If the maximum recommended value for the CRF is 12%, is this financially viable? What if the maximum recommended value is 15%? Part VI. CRF: Solar Energy Example You are installing a new solar energy system to a house. Use the following values to answer the questions: Initial Cost (installation): $15,000 Annual Income (energy to grid): $6,500 Annual Expenses (maintenance): $4,000 Lifespan: 8 years Salvage Value: $4,500 Determine the annuity of the project. Calculate the NPV. Based on the NPV alone, is this financially viable? Find the ACC. Determine the CRF. If the maximum recommended value for the CRF is 12%, is this financially viable? What if the maximum recommended value is 15%