n order to receive full credit ( 15pts ) for this problem, please sketch the...
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n order to receive full credit ( 15pts ) for this problem, please sketch the appropriate cash flow liagram, indicating i,N,n,g, and the compounding factor(s) used to calculate the answer. ndicate how / where you obtained the compounding factor(s). A table of compound interest actors for 8% is included with this assignment. 1. (15 pts). A car wash is presented an opportunity to save 30,000 kilowatt-hours of electricity annually for the next five years with the purchase of a new, energy efficient hot water boiler. The electric rate for year 1 is $0.25 per kilowatt-hour, but is expected to increase by $.05 per kilowatt-hour for each year thereafter, through year 5 . What is the maximum the carwash can spend today for the new boiler if it desires a return on its purchase of 8% annually? n order to receive full credit ( 15pts ) for this problem, please sketch the appropriate cash flow liagram, indicating i,N,n,g, and the compounding factor(s) used to calculate the answer. ndicate how / where you obtained the compounding factor(s). A table of compound interest actors for 8% is included with this assignment. 1. (15 pts). A car wash is presented an opportunity to save 30,000 kilowatt-hours of electricity annually for the next five years with the purchase of a new, energy efficient hot water boiler. The electric rate for year 1 is $0.25 per kilowatt-hour, but is expected to increase by $.05 per kilowatt-hour for each year thereafter, through year 5 . What is the maximum the carwash can spend today for the new boiler if it desires a return on its purchase of 8% annually
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n order to receive full credit ( 15pts ) for this problem, please sketch the appropriate cash flow liagram, indicating i,N,n,g, and the compounding factor(s) used to calculate the answer. ndicate how / where you obtained the compounding factor(s). A table of compound interest actors for 8% is included with this assignment. 1. (15 pts). A car wash is presented an opportunity to save 30,000 kilowatt-hours of electricity annually for the next five years with the purchase of a new, energy efficient hot water boiler. The electric rate for year 1 is $0.25 per kilowatt-hour, but is expected to increase by $.05 per kilowatt-hour for each year thereafter, through year 5 . What is the maximum the carwash can spend today for the new boiler if it desires a return on its purchase of 8% annually? n order to receive full credit ( 15pts ) for this problem, please sketch the appropriate cash flow liagram, indicating i,N,n,g, and the compounding factor(s) used to calculate the answer. ndicate how / where you obtained the compounding factor(s). A table of compound interest actors for 8% is included with this assignment. 1. (15 pts). A car wash is presented an opportunity to save 30,000 kilowatt-hours of electricity annually for the next five years with the purchase of a new, energy efficient hot water boiler. The electric rate for year 1 is $0.25 per kilowatt-hour, but is expected to increase by $.05 per kilowatt-hour for each year thereafter, through year 5 . What is the maximum the carwash can spend today for the new boiler if it desires a return on its purchase of 8% annually
