Question: 5-40. Use the ERR method to evaluate the economic worth of the diagram shown below. The value of the external reinvestment rate, , is 8%
5-40. Use the ERR method to evaluate the economic worth of the diagram shown below. The value of the external reinvestment rate, ∈, is 8% per year. The MARR
= 10% per year. (5.7)
0 1 2 3 4 5 6 7 8
$3,500
$1,500 EOY A = $138 per year
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