AEE Certified Energy Manager (CEM) CEM Question # 39 Topic 4 Discussion

AEE Certified Energy Manager (CEM) CEM Question # 39 Topic 4 Discussion

CEM Exam Topic 4 Question 39 Discussion:
Question #: 39
Topic #: 4

A new energy-efficient boiler costs $60,890 to buy and install. The new energy-efficient boiler will save $15,400 per year and last for 20 years. What is the internal rate of return (IRR) of the project?


A.

10%


B.

15%


C.

20%


D.

25%


E.

30%


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