Calculate the equivalent annual cost in years 1 through 9 of the following series of disbursements. Use
Question:
Calculate the equivalent annual cost in years 1 through 9 of the following series of disbursements. Use an interest rate of 10% per year. Show
(a) Hand
(b) Spreadsheetsolutions.
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Year Disbursement, $Year Disbursement, S 8000 4000 4000 4000 5000 5000 5000 5000
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a A 8000AP 10 9 4000 5000 4000FA 10 4AF 10 9 80...View the full answer
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