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Mathematics, 01.09.2020 05:01 victoriay3

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 900 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.30 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.

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