A person has following alternatives. If the interest rate is (10+)%, find the best alternative using Annual

A person has following alternatives. If the interest rate is (10+β)%, find the best alternative using Annual Cash Flow Analysis. NOTE: β is your students number's last digit. Uniform Series Formulas Compound amount: F=A[i(1+i)n−1]=A(F/A,i,n) Sinking fund: A=F[(1+i)n−1i]=F(A/F,i,n) Capital recovery: A=P[(1+i)n−1i(1+i)n]=P(A/P,i,n) Present worth: P=A[i(1+i)n(1+i)n−1]=A(P/A,i,n)

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To find the best alternative using Annual Cash Flow Analysis we will calculate the pr... View the full answer