Find the value of x that makes the equivalent annual worth in years 1 through 10 equal

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Find the value of x that makes the equivalent annual worth in years 1 through 10 equal to $400 per year. Use an interest rate of 10% per year.

The cash flows in year 0 and year 10 has an unknown value x, and 1 through 9 has an annual worth of $400

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Posted Date: Mar 14, 2024 06:04 AM

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Find the value of x that makes the equivalent annual worth in years 1 through 10 equal

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Engineering economy

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