The formula to calculate the Cost Per Year (CPY) is:
\[ CPY = ADC \times 365 \]
Where:
A cost per year is defined as the equivalent annual cost of a service or asset based on its average daily cost.
Let's assume the following value:
Using the formula to calculate the Cost Per Year (CPY):
\[ CPY = 10 \times 365 = 3650 \]
The Cost Per Year (CPY) is $3650 per year.