Question: Compute the simple weighted average life for the following data. Use an approach similar to that in Table 181 on page 468. Year Cash Flow
Compute the simple weighted average life for the following data. Use an approach similar to that in Table 18–1 on page 468.
Year | Cash Flow |
1 | $ 105 |
2 | 105 |
3 | 105 |
4 | 105 |
5 | 105 |
5 | $1,000 |
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