A solar panel has an installed cost of 2900 and it reduces, Ask an Expert

Economics

A solar panel has an installed cost of $2900, and it reduces the homeowner’s energy bill by $29 per month. The residual value of the solar panel is negligible at the end of it's 10-year life. What is the annual effective IRR of this investment IRR % (round to 2 decimal places?)

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91240295

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