Refer to Problem 6-2. Solve this problem using the ERR method. Let = 12% per year.
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TABLE P6-2 Table for Problem 6-2 Capital investment Project life Annual revenue Annual expenses Market value 5800,000 10 years $450,000 200,000 5100,000 2 $600,000 10 years 5400,000 $180,000 580,000 $400,000 10 years 5300,000 150,000 $60,000
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Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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