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A renewable energy project costs $500,000 and is expected to save $100,000 annua

Practice Questions

Q1
A renewable energy project costs $500,000 and is expected to save $100,000 annually in energy costs. How many years will it take to break even?
  1. 3 years
  2. 4 years
  3. 5 years
  4. 6 years

Questions & Step-by-Step Solutions

A renewable energy project costs $500,000 and is expected to save $100,000 annually in energy costs. How many years will it take to break even?
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