What is the equivalent annual cost in years 1 through 7 of a contract that has a

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What is the equivalent annual cost in years 1 through 7 of a contract that has a first cost of $70,000 in year 0 and annual costs of $15,000 in years 3 through 7? Use an interest rate of 10% per year.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 06:04 AM

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What is the equivalent annual cost in years 1 through 7 of a contract that has a

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Find F in year 7 and then con...View the full answer

Engineering Economy

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