Question: 1 . 1 9 The system in Question 1 . 1 8 will last 1 5 years with no salvage value. What is the 1

1.19 The system in Question 1.18 will last 15 years with
no salvage value. What is the 15-year life-cycle cost
assuming energy cost escalation of 4% annually,
maintenance cost escalation of 2% annually, and a
5% discount rate? What if the discount rate is 15%?

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