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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 283 Weeks Ago, 6 Days Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
A company is provided with a choice of 2 kinds of air-conditioners of similar capacity of 12,500 kcal/hr. The traditional air-conditioner costs around HK$50,000 with EER of 2.16 kcal/h W and is estimated to use 140 kWh of electricity daily on the average. A new type of air-conditioner employing evaporative cooling for the condenser having EER of 4.66 kcal/h W is estimated to use only 75 kWh of electricity everyday but with additional of 750 liters of water daily on the average. Assume both air-conditioners would have a useful life of 10 years and with similar cost of maintenance and salvage value. Consider in Hong Kong, the cost of electricity is HK$1.21/kWh and water costs HK$4.58/m3, calculate the breakeven cost of the above air-conditioner with condenser using evaporative cooling if the MARR is 8% p.a.
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