"A university wants to utilize a solar energy system to reduce its energy bill. The investment cost 500000%$ and the system will have a market value of 10000$ at the end of the estimated lifetime which 25 years. The saving amount in the energy bill will be 105000$ per year. If the university's MARR is 15% per year, what is the Present worth of this investment?" O 179035 267432 249753 232073 214394 196714 161355 143676 None of them

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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"A university wants to utilize a solar energy system
to reduce its energy bill. The investment cost
500000$ and the system will have a market value of
10000$ at the end of the estimated lifetime which 25
years. The saving amount in the energy bill will be
105000$ per year. If the university's MARR is 15%
per year, what is the Present worth of this
investment?"
179035
267432
249753
232073
214394
196714
161355
143676
None of them
Transcribed Image Text:"A university wants to utilize a solar energy system to reduce its energy bill. The investment cost 500000$ and the system will have a market value of 10000$ at the end of the estimated lifetime which 25 years. The saving amount in the energy bill will be 105000$ per year. If the university's MARR is 15% per year, what is the Present worth of this investment?" 179035 267432 249753 232073 214394 196714 161355 143676 None of them
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