Consider an EOY geometric sequence of cash flows in which the first payment made was P2,000. This

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Consider an EOY geometric sequence of cash flows in which the first payment made was P2,000. This is continued for 5 years.

Determine the Annual equivalent values. The rate of increase is 20% per year after the first year, and the interest rate is 25% per year.

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Engineering Economy

ISBN: 978-0132554909

15th edition

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

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Posted Date: May 19, 2023 12:57 AM

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Consider an EOY geometric sequence of cash flows in which the first payment made was P2,000. This

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Engineering Economy

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