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Business, 15.04.2020 04:50 emmarieasimon

In southern California a photovoltaic (PV) system for a certain home costs $28 comma 000 for parts and installation. This 6.1 kW system requires 350 ft2 of rooftop space and has an estimated life of 20 years. a. If this PV system saves $200 each month in electricity expenses, what is the simple payback period in months? b. If the market value of the PV system is negligible, what is the system's IRR?

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