Consider the following sequence of year-end cash flows: What is the uniform annual equivalent if the interest

Question:

Consider the following sequence of year-end cash flows:

2 Cash $8,000 $15,000 $22,000 $29,000 $36,000 5 EOY 3 4 Flow

What is the uniform annual equivalent if the interest rate is 12% per year?

(a) $20,422

(b) $17,511

(d) $22,000

(e) $12,422

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: Dec 03, 2018 12:43 PM

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Consider the following sequence of year-end cash flows: What is the uniform annual equivalent if the interest

Question:

2 Cash $8,000 $15,000 $22,000 $29,000 $36,000 5 EOY 3 4 Flow

Step by Step Answer:

A 8000 G 7000 A tota...View the full answer

Engineering Economy

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