A university is willing to invest $5,000,000 in renewable energy generation and energy efficiency in buildings...
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A university is willing to invest $5,000,000 in renewable energy generation and energy efficiency in buildings and expects to generate revenue from energy savings. Determine the revenue necessary each month to recover its investment in 3 years for an interest rate of 2% per month, compounded continuously. A university is willing to invest $5,000,000 in renewable energy generation and energy efficiency in buildings and expects to generate revenue from energy savings. Determine the revenue necessary each month to recover its investment in 3 years for an interest rate of 2% per month, compounded continuously.
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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