A rural utility organization gives standby power

Assignment Help Macroeconomics

Reference no: EM1331445

Description of Equivalent Annual Worth

A rural utility company provides standby power to pumping stations using diesel-powered generators. An alternative has arisen whereby the utility could use a combination of wind and solar power to run its generators, but it will be a few years before the alternative energy systems are available. The utility estimates that the new systems will result in savings of $15,000 per year for 3 years, starting 2 years from now, and $25,000 per years for 4 more years after that. At an interest rate of 8% per year, what is the equivalent annual worth (years 1-8) of the projected savings?

Reference no: EM1331445

Questions Cloud

Public law and private law ramifications : Discuss the public law and private law ramifications for DWI in this situation. How would the legalities be different if the incident happened at a DWI resort on the US mainland?

Explain technology trends in e-business : Understand different technology trends in e-business - would like information and references to do additional research.

Business strategy : MGT 475 (02) - Business Strategy, School of Business and Economics, ICA - Project Guidelines

Example of an attestation engagement : Explain an example of an attestation engagement and Explain a fraud scheme that could be used for information assets and explain the controls that can mitigate this fraud risk

A rural utility organization gives standby power : A rural utility organization gives standby power to pumping stations using diesel-powered generators.

Explaining use of hofstede-s cultural map in workplace : How can a leader, or manager, use Hofstede's cultural map in the workplace, as there are many diverse cultures that can be found in the workplace today?

Write a clear strategic plans : Write a clear strategic plans stretching over the next 3 to 5 years that will help Walmart improve.

Program that reads a set of scores from the file scores : plan and write a C++ program that reads a set of scores from the file scores.dat and outputs their mean and standard deviation on standard output. Use the following sets of input for testing the program.

What are the expatriate issues : Expatriate Issues - What issues do you need to consider and deal with? Explain with relevant examples

User Account

All Pages