Question: please check work What is the equivalent annual cost for a project that requires a $50,000 investment at time-period zero, and a $10,000 annual expense

please check work  please check work What is the equivalent annual cost for a

What is the equivalent annual cost for a project that requires a $50,000 investment at time-period zero, and a $10,000 annual expense during each of the next 4 years, if the opportunity cost of capital is 10% ? (Hint: Watch Video \#9 - I. Capital Budgeting and Cash Flows - Annualized NPV and EAC @ \$WIKI REFERENCE $ /pages/capital-budgeting-and-cash-flows-the-lectures? module item id=g9a89e790298905497957e6a4658e2a67

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