Question: The repeating cash flows for a certain project are as given in Table P6.10. Find the equivalent annual worth for this project at i =
The repeating cash flows for a certain project are as given in Table P6.10. Find the equivalent annual worth for this project at i = 10%, and determine the acceptability of the project.
TABLE P6.10 n 0 1 2 3 4 5 6 7 8 9 Investment -$2,500 $0 $0 -$2,500 $0 $0 -$2,500 $0 $0 $0 Net Cash Flow Operating Income $0 $1,800 $900 $500 $1,800 $900 $500 $1,800 $900 $500 1st cycle 2nd cycle 3rd cycle
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