Question: What is the equivalent annual cost for a project that requires a $30,000 investment at time-period zero, and a $8,000 annual expense during each of

What is the equivalent annual cost for a project that requires a $30,000 investment at time-period zero, and a $8,000 annual expense during each of the next 4 years, if the opportunity cost of capital is 10 percent?

		$20,000.00
		$17,464.12
		$22,618.83
		$23,237.15

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