Set up a cash‐flow analysis spreadsheet for a photovoltaic
system that costs $12,000, generates 8000 kWh/yr and is paid for with a 6%,
20‐year loan. Assume a tax bracket of 30.5%, initial cost of utility
electricity 10¢/kWh, utility electricity rate escalation 5%/yr, and personal
discount rate of 10%.
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