Discuss the below in detail:
Q: When a specific capacitor bank with a lifetime of 10 years is added to a factory's electrical load it decreases the demand charges by $500/year and increases the energy charges by $80/year. If the capacitor bank costs $3000 to install and the company's MARR is 8%, should the capacitor bank be installed? You must defend your answer using techniques learned in this class.
Draw the cash flow graph for the newly proposed equipment.