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Windy Industries, in Chicago, Plans to Take Advantage of the Winds

question 95

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Windy Industries, in Chicago, plans to take advantage of the winds blowing in from Lake Michigan. Windy is developing a project to install a wind turbine that would generate electricity and reduce energy costs. The turbine would have an initial cost of $500,000 and would provide a net cost savings of $57,000 per year. The turbine will have a life of 26 years. What is the payback period, in years, for the wind turbine?


Definitions:

Genetically Transmitted

Refers to the process by which traits or conditions are passed from parents to offspring through their genes.

Dominant Trait

An inherited characteristic that appears in an offspring if it is contributed from a parent through a dominant allele.

Dopamine

A neurotransmitter involved in the regulation of movement, emotions, motivation, and the feeling of pleasure.

Serotonergic Activity

The action or process related to serotonin, a neurotransmitter involved in regulating mood, appetite, and sleep among other bodily functions.

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