Capital Recovery Factor

{
  "id": "MLC-T-ENV-004104",
  "term": "Capital Recovery Factor",
  "field": "Environment",
  "definition": "1. A formula used to amortize the capital cost into the annualized capital component that is part of the annualized cost estimate for a control measure. The formula is 1/(1+i) to the n, where i = discount or interest rate, and n = equipment life.\n\n2. Formula used to amortize the capital cost into the annualized capital component that is part of the annualized cost estimate for a control measure. The formula is 1/(1+i) to the n, where i = discount or interest rate, and n = equipment life.",
  "abbreviation": "CRF",
  "subject": "Air",
  "references": [
    "Control Strategy Tool (CoST) Glossary",
    "Control Measure (CoST Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/capital-recovery-factor/"
}