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


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 its 11-year life. What is the annual effective IRR of this investment?

IRR % (round to 2 decimal places)

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Business Economics: A solar panel has an installed cost of 2900 and it reduces
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