Many decisions are made on the basis of the payback period: the time it will take through savings to equal the capital cost of an investment. Acceptable payback times depend upon the business or philosophy one has. (For some industries, a payback period is as small as two years.) Suppose you wish to install the extra insulation. If energy cost $1.00 per million joules and the insulation was $4.00 per square meter, then calculate the simple payback time. Take the average for the 120 day heating season to be 15.0C.
Many decisions are made on the basis of the payback period: the time it will take through savings to equal the capital cost of an investment. Acceptable payback times depend upon the business or philosophy one has. (For some industries, a payback period is as small as two years.) Suppose you wish to install the extra insulation. If energy cost $1.00 per million joules and the insulation was $4.00 per square meter, then calculate the simple payback time. Take the average for the 120 day heating season to be 15.0C.
College Physics
11th Edition
ISBN:9781305952300
Author:Raymond A. Serway, Chris Vuille
Publisher:Raymond A. Serway, Chris Vuille
Chapter1: Units, Trigonometry. And Vectors
Section: Chapter Questions
Problem 1CQ: Estimate the order of magnitude of the length, in meters, of each of the following; (a) a mouse, (b)...
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Many decisions are made on the basis of the payback period: the time it will take through savings to equal the capital cost of an investment. Acceptable payback times depend upon the business or philosophy one has. (For some industries, a payback period is as small as two years.) Suppose you wish to install the extra insulation. If energy cost $1.00 per million joules and the insulation was $4.00 per square meter, then calculate the simple payback time. Take the average for the 120 day heating season to be 15.0C.
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