Question

In: Economics

The firm invests $75000 to save $9000/year in energy costs for 15 years. What is the...

The firm invests $75000 to save $9000/year in energy costs for 15 years. What is the project's rate of return?

a. 8.44%

b. 9.36%

c. 2%

Solutions

Expert Solution

Option a


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