You have been asked to recommend one of the following power methods. Using the c

Question

     You have been asked to recommend one of the following   power methods. Using the chart below, and at an interest rate of 10% per   year, which alternative should be selected on the basis of present worth?      ___________________ Solar ______Conventional   First Cost $................-12,600.........-11,000   AOC $/yr ...................-1,400..........-800   Replace cells in yr 4......-2,000..........0   Replace lines in yr 5......0................-1,500   Salvage value $...........+1000............0   Life in years................10...............10can you explain the answer please?   

Explanation / Answer

I would reccommend the conventional method due to the lower out-of-pocket cost.

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.