Consider the retrofitted space-heating system with given the investment of $110,000 and market value of $8,000 at the end of the six-year study period, what is the minimum annual electrical power savings (in kWh) required to make this project economically acceptable? The MARR = 15% per year and electricity costs $0.10 per kWh.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Consider the retrofitted space-heating system with given the investment of $110,000 and market value of $8,000 at the end of the six-year study period, what is the minimum annual electrical power savings (in kWh) required to make this project economically acceptable? The MARR = 15% per year and electricity costs $0.10 per kWh.

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