Question: 1) Explain why EAC(Capital Cost), also known as Equivalent Annual Cost for Capital cost decreases over time. 2) Also, mention the factors that influence EAC(Capital
1) Explain why EAC(Capital Cost), also known as Equivalent Annual Cost for Capital cost decreases over time.
2) Also, mention the factors that influence EAC(Capital Cost) and subsequently resulting in either higher or lower EAC(Capital Cost).
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