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

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.

Calculate the equivalent annual cost in years 1 through 9

Year Disbursement, $Year Disbursement, S 8000 4000 4000 4000 5000 5000 5000 5000

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