2. 5.24 Page 152Assume you won a worldwide lottery that pays $5 million in year 0, $5...
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2. 5.24 Page 152Assume you won a worldwide lottery that pays $5 million in year 0, $5 million in year 1, and $200,000 in years 5 through 100.
Assuming that 100 years is as “long” as infinity, calculate the perpetual equivalent annual worth for years 1 through infinity at an interest rate of 10% per year.
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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