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A new lighting system costs $60,000. The new lighting system has a 15-year life and the minimum required rate of return (MARR) is 15%. How much must the new lighting system save to be life-cycle cost effective?

An energy-saving project saves $30,000 per year. The project life is 10 years and the company minimum annual rate of return (MARR) is 15%. How much can the project cost and still be cost effective?

In a warehouse, lights are mounted 4 meters above the floor. This provides an average light level of 150 lux. To increase the light level without installing more lights or higher Wattage lights, you lower the light fixtures with pendants so that the lights are located 3.25 meters above the floor. Calculate the new average light level on the floor.