Business
Business, 11.07.2019 15:30, knoel7990

Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10%. if electricity can be purchased for costs of $0.10 per kwh, how many hours per year will the solar panels have to operate to make this project break even? (hint: we need that the present value (pv) of the electricity generated by the solar panels be equal to the cost.)

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Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have...

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