Subsidizing first costs for alternative energy usage

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A state program is subsidizing first costs for alternative energy usage. Carla and Charlie are the owners of a small architectural and engineering firm (A&E firm). They have found the following data for renovating the heating system of a client's home. Each system should last 20 years. Their client's interest rate is 10%. Which system is preferred by their client? Is this economically efficient from a broader perspective?

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Reference no: EM131810186

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