13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces 10 kWh every year. Further, assume government tax incentives pay 50% of the initial costs. a) Find the cost to install the 400 ft? of solar panels. b) Find an equation (function) for the amount of money saved by using the solar panels, where t represents the number of years. c) Find a break-even point for when the solar panels pay off their original cost.

13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces 10 kWh every year. Further, assume government tax incentives pay 50% of the initial costs. a) Find the cost to install the 400 ft? of solar panels. b) Find an equation (function) for the amount of money saved by using the solar panels, where t represents the number of years. c) Find a break-even point for when the solar panels pay off their original cost.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you
want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces
10kWh every year. Further, assume government tax incentives pay 50% of the initial
costs.
a) Find the cost to install the 400 ft2 of solar panels.
b) Find an equation (function) for the amount of money saved by using the solar
panels, wheret represents the number of years.
c) Find a break-even point for when the solar panels pay off their original cost.

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