An energy conservation option has an initial cost of $50,000 and has a life span of 15

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An energy conservation option has an initial cost of $50,000 and has a life span of 15 years. It will require $4,000 of maintenance per year. The annual utility savings are to be $9,000. What is the simple payback period for the option?

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: May 24, 2023 09:52 AM

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An energy conservation option has an initial cost of $50,000 and has a life span of 15

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Financial Management for Public Health and Not for Profit Organizations

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