The high-tech home of today features computer apps that control air conditioning, heating, and large and small
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The high-tech home of today features computer apps that control air conditioning, heating, and large and small appliances from your smartphone or tablet. For a typical 2,000-square-foot home, the estimated benefits of a certain high-tech home is $2,000 per year. (5.8) If a payback period of five years (or better) is desirable, how much can be justified for the installation of these apps? When N N = = 5 years, what is the internal rate of return?
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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