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4. Explanation of sample finance option: <br />Tanko Lighting included a sample financing option in the financial analysis of a 3.5% interest rate <br />over a 15 -year term. The rate was based on current and projected market rates. The 15 -year term <br />is technically cashflow negative for years 2 through 14 (by $541,000) but, the savings in the first <br />year are $661,000 due to the rebate. Because of this, the term allows the project to be overall, <br />cashflow positive. <br />Sarn0e, Financing Terms, <br />Financing Rate (APR): 3:50% <br />Financing Term (Years): 15 <br />Total Interest Paid $3,317,839 <br />Ii, Aq <br />60"r <br />TankoLighting <br />www.tankolightin2.com 1 220Bayshores'roA.6ral,7.,CA94124 I -P415.254.7579 I F415.822.3626 <br />