A garage is installing a new "bubble-wash" car wash.It will promote the car wash as a fun activity for the family,and it is expected that the novelty of this approach will boost sales in the medium term.If the cost of capital is 10%,what is the net present value (NPV) of this project?
Definitions:
Strain Gauge Load Cell
A strain gauge load cell is a device used to measure force or load by converting the deformation (strain) of a material into an electrical signal.
Electromagnetic Latching Relay
A type of relay that maintains its state after being actuated, using a permanent magnet to hold the armature in position until it is reset.
Latch Coil
A coil in a relay or electrical circuit that, once energized, maintains its state until it is specifically reset, allowing it to function as a memory element in a control system.
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