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The installation of a solar thermal system has involved an investment of $ 1 4 , 5 4 5 . The same conventional installation would

The installation of a solar thermal system has involved an investment of $14,545. The same conventional installation would have cost $5,890. The energy demand is 17,200 kWh/year and the solar fraction is 67%. The cost of conventional energy is $0.045/kWh the first year, with an expected increase of 6% annually. Calculate the amortization period, considering an annual inflation rate of 3.5%

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