1. True or False: When two batteries are wired in Series the Volts go up and the Amp Hours stay the same. 2. True or False: When to batteries are wired in Parallel the Amp Hours go up and the voltage stays the same. 3. True or False: Voltage is the power of the battery 4. True or False: Amp Hours is how long the power will last 5. True or False: Two 12V Batteries wired together in Series will give you 24 volts of power. 6. True or False: Two 12V Batteries wired together in Parallel will give you 24 Volts of power.

An external consultant recommends that a plant installs a bank of capacitors for power factor correction. this will reduce the peak electrical demand charges by an average of 93 kw every month. the plant current pays $13 per kw in peak demand charges. the capacitor bank will include 223 kw of fixed capacitors, and 183 of variable capacitors. the fixed capacitors cost $59 per kw, and the variable capacitors will cost $65 per kw. the consultant charges 21% of the equipment costs to install the capacitors. because this project will reduce the demand for the electric utility, they are prepared to provide a one-time rebate of $42 per kw of reduced demand. what is the simple payback period for this project (in years)?