Time value of money calculations may not be required in an economic evaluation for all of the

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Time value of money calculations may not be required in an economic evaluation for all of the following reasons except

a. annual cash flows are proportional to the first year cash flow

b. inflation is absent.

c. no investment of capital is required.

d. there are no differences in the cash flows of the alternatives after the first year.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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