13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces 10 kWh every year. Further, assume government tax incentives pay 50% of the initial costs. a) Find the cost to install the 400 ft? of solar panels. b) Find an equation (function) for the amount of money saved by using the solar panels, where t represents the number of years. c) Find a break-even point for when the solar panels pay off their original cost.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you
want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces
10kWh every year. Further, assume government tax incentives pay 50% of the initial
costs.
a) Find the cost to install the 400 ft2 of solar panels.
b) Find an equation (function) for the amount of money saved by using the solar
panels, wheret represents the number of years.
c) Find a break-even point for when the solar panels pay off their original cost.
Transcribed Image Text:13. Suppose the average cost of electricity is $0.25/kWh. Solar panels cost $100/sq ft and you want to install 400 sq ft of solar panels. Assume each square foot of solar panels produces 10kWh every year. Further, assume government tax incentives pay 50% of the initial costs. a) Find the cost to install the 400 ft2 of solar panels. b) Find an equation (function) for the amount of money saved by using the solar panels, wheret represents the number of years. c) Find a break-even point for when the solar panels pay off their original cost.
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