Problem
A home owner needs to generate electricity worth of $3000 at the end of every year from his PV modules to be able to achieve a 25% green power. Knowing that the PV system he would purchase will last 5 years with no running or maintenance costs, and using an interest rate of 7%, how much should he invest in that system now?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.