Edgewood College has an evolving loan fund to finance up-front costs for energy efficient improvements. Where does the money to replenish that loan come from in year ten of the loan?
A) the school's endowment
B) governmental tax incentives
C) student and donor contributions
D) savings from reduced energy consumption

Question

Quizplus · Accepted Answer

The money to replenish the loan fund at Edgewood College comes from the savings generated by the reduced energy consumption due to the energy-efficient improvements financed by the loan. This approach allows the initial investment to be recouped over time through lower energy costs, making the fund sustainable.

Edgewood College Has an Evolving Loan Fund to Finance Up-Front