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Mathematics, 02.07.2020 01:01 lilianaalbarrap9tkqo

A university spent $1.8 million to install solarpanels atop a parking garage. These panels willhave a capacity of 500 kw, have a life expectancyof 20 years and suppose the discount rate is 10%.The university is seeking a grant to covercapital costs. How big of a grant would makethis project worthwhile (to the university)?

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