For the cash flows shown, find the value of x that makes the equivalent annual worth in

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For the cash flows shown, find the value of x that makes the equivalent annual worth in years 1 through 7 equal to $300 per year. Use an interest rate of 10% per year.

Cash Flow, $ Cash Flow, $ Year Year 300 х 5 300 300 2 300 300 3 300 х

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 06:06 AM

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For the cash flows shown, find the value of x that makes the equivalent annual worth in

Question:

Cash Flow, $ Cash Flow, $ Year Year 300 х 5 300 300 2 300 300 3 300 х

Step by Step Answer:

Find P in year 0 and then P so that A 300 ...View the full answer

Engineering Economy

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