Business, 06.05.2020 02:06, live4dramaoy0yf9

Tipmont REMC is considering whether to install wind turbines around Romney, Indiana (a few miles south of Lafayette). However, due to some complaints from initial homeowners, they only decide to install 8 to begin with, as a trial run. The price of installing each turbine is $80,000. The new turbines will allow them to generate 900,000 kW-h per year for free, in terms of variable costs; they currently pay for electricity at a rate of $0.10 per kW-h. What is the breakeven point in terms of the number of years that the turbines need to work in order for them to recoup their investment?

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Tipmont REMC is considering whether to install wind turbines around Romney, Indiana (a few miles sou...