Question: please show the factor or formula way to do this 2.93 Encon Systems, Inc. sales revenues for a product line introduced 7 years ago is

please show the factor or formula way to do this please show the factor or formula way to do this 2.93 Encon

2.93 Encon Systems, Inc. sales revenues for a product line introduced 7 years ago is shown. Use tabu- lated factors, a calculator or a spreadsheet to cal- culate the equivalent annual worth over the 7 years using an interest rate of 10% per year. Year Year Revenue, $ 0 Revenue, $ 4,000,000 4,000,000 4,000,000 4,000,000 4 5 1 2 5,000,000 5,000,000 5,000,000 5,000,000 6 7 3

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