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Business, 15.06.2020 20:57 bosanchez

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 400 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.

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A university spent $1.8 million to install solar panels atop a parking garage. These panels will hav...
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