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A space-heating system is being considered for Hawkins Hall as a renovation The heating system can be purchased and installed for $150000 and it will save an estimated 400000 kilowatt a MARR of

A space-heating system is being considered for Hawkins Hall as a renovation. The heating system can be purchased and installed for $150,000, and it will save an estimated 400,000 kilowatt a MARR of 15% per year in its economic evaluations of refurbished systems. The market value of the system will be $9,000 at the end of six years, and additional annual operating and maintenance expenses are negligible. What is the benefit-cost ratio of the project? (Report your answer to the nearest thousandth, e.g., 0.123.) hours (kW-h) of electric power each year over a six-year lifetime. A kilowatt-hour of electricity costs $0.10, and the company uses

 

May 15 2020 View more View Less

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