What is the equivalent annual cost for a project that requires a $30,000 investment at time-period zero,

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What is the equivalent annual cost for a project that requires a $30,000 investment at time-period zero, and a $9,000 annual expense during each of the next 5 years, if the opportunity cost of capital is 10%?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Posted Date: Dec 07, 2022 02:05 AM

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What is the equivalent annual cost for a project that requires a $30,000 investment at time-period zero,

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The total cost of the project is 30000 9000 x 5 75000 The equivalent annua... View the full answer

Fundamentals of Engineering Economics

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