Use the ERR method with ϵ = 8% per year to solve for a unique rate of
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S235 $180 2 MARR 8%/yr $50 $360 End of Year
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50 360PF 8 2FP ERR 3 235FP 8 2 ...View the full answer
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Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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