A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 800 kilowatts (kW) and have a lifeexpectancy of 20 years. Suppose that the discount rate is 10%, that electricity can be purchased at $0.10 per kilowatt-hour (kWh), and that themarginal cost of electricity production using the solar panels is zero.Hint: It may be easier to think of the present value of operating the solar panels for 1 hour per year first.Approximately how many hours per year will the solar panels need to operate to enable this project to break even?2,642.82O 1,321.413,435.673,171.38$89,843.45$251,561.65If the solar panels can operate only for 2,379 hours a year at maximum, the project would not ▼ break even.$215,624.27Continue to assume that the solar panels can operate only for 2,379 hours a year at maximum.$179,686.89In order for the project to be worthwhile (i.e., at least break even), the university would need a grant of at least

Given that :Amount spent to install solar panels = million.Capacity of the panels = and life…

Answered: A university spent $1.8 million to…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmaried, diverced, or legally separated Married and ach parteer files eparate tar rete Married and berh partren file single tar retee Unmarried and paying mare than half the cest of sepperting ekildr pareet Married Filing Separately Married Filing Jointly Head of Household Тах Rate Single 10% up to $9275 up to $9275 up to $18,550 up to $13.250 15% $9276 to $37,650 $9276 to $37,650 $18,551 to $75,300 $13,251 to $50,400 25% $37,651 to $91,150 $37,651 to $75,950 $75,301 to $151,900 $50,401 to $130,150 28% $91,151 to $190,150 S75,951 to $115,725 $151,901 to $231,450 $130,151 to $210,800 33% $190,151 to $413,350 SI15,726 to $206,675 $231,451 to $413,350 $210,801 to $413,350 35% $413,351 to $415,050 $206,676 to $233,475 $413,351 to $466,950 $413,351 to $441,000 39.6% mure than $441,000 more than S415.050 more than $233.475 mure than $466,950 Standard Deduction $6300 $600 $12,600 $9300 Exemptions (per person) $4050 S4050…
QUESTION 5 Which of the following will make the value of the break-even point (BEP) smaller? O Increased unit variable cost. O Increased fixed cost such as rent. Increased unit price. O Decreased unit price.
Predict the price sold at auction of a dresser made in 1865 (round to the nearest dollar.) If a pair of dressers differ by 30 years in the year of construction, by how much would we predict their prices at auction to differ (round to nearest dollar)?
Consider the two-period household-maximization model discussed in class. The model is modified in order to look at applications including credit constraints, interest-rate markups, and taxation. A representative household lives for two periods and maximizes utility of consumption in period 1 and in period 2. The utility is represented by log(c) where c denotes consumption. Assuming no discounting between period 1 and period 2. The maximization problem for the representative household can be written as Show consumption c1 and c2 (you can use algebraic or graphical methods). In the answer, you should discuss whether a1 ≥ 0 or a1 < 0 and provide an economic interpretation. What determine(s) the sign of a1 and why? Explain how a credit constraint can be modeled by a1 ≥ 0 and under this constraint how does your answer above change? How does it change if there is a banking markup such that the borrowing interest rate is above the interest rate of r = 0 assumed earlier? Hint: try to relate…
The problem is based on the following data given. Observations of the demand for a certain part stocked at a parts supply depot during the calendar year 2013 were ( as shown ). What would an MA(1) forecasting method mean? Compare the accuracy of MA(1) and MA(4) forecasts for July through December 2013.
A cheese manufacturer produces18,000 pounds of cheese from January 1 through March 24.Suppose that this rate of production continues for the remainderof the year. Predict, to the nearest pound, the number of pounds produced for the year.
Suppose a small quantity of radon gas, which has a half-life of 3.8 days, is accidentally released into the air in a laboratory. If the resulting radiation level is 30% above the safe level, how long should the laboratory remain vacated? (Hint: To start with, determine what fraction of the "resulting radiation level" is the maximum safe level.) The laboratory should remain vacated for days.
Part 1 Homing pigeons avoid flying over water. Suppose a homing pigeon is released on an island at point C, which is 7 mi directly out in the water from a point B on shore. Point B is 16 mi downshore from the pigeon's home loft at point A. Assume that a pigeon flying over water uses energy at a rate 1.23 times the rate over land. Toward what point S downshore from A should the pigeon fly in order to minimize the total energy required to get to the home loft at A?

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