Find the rate of return, This is expected to save $10,000

Find the rate of return

Reference no: EM133487209

Question: The HVAC engineer for a company that constructed one of the world's tallest buildings requested that $500,000 be spent on software and hardware to improve efficiency of the environmental control system. This is expected to save $10,000 per year for 10 years in energy costs and $700,000 at the end of the 10 years in equipment refurbishment costs. Find the rate of return

Reference no: EM133487209

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