Question: compute equivalent annual worth at i=12%. please do this in excel using this equation Initial Investment for Company Startup: Anticipated Annual Costs: $2,000,000 Annual Operating

Initial Investment for Company Startup: Anticipated Annual Costs: $2,000,000 Annual Operating and Maintenance Costs Annual Material Costs Annual Personnel Costs $60,000 $10,000 $80,000 Anticipated Revenue: Year 1: $410,000 Year 2: $760,000 Year 3: $430,000 Year 4: $340,000 Year 5: $660,000 Year 6: $530,000 Year 7: $580,000 . AE(i)-Pw(i) (A/PI,N) (Factor Notation) . (A/Bi,N) equation: [(i(1+1)^N/((1+i)^N)-1] =PMT(i96,N-NPW) (Excel)
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