4-140. Consider the following sequence of year-end cash flows: EOY 1 2 3 4 5 Cash $8,000...

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4-140. Consider the following sequence of year-end cash flows: EOY 1 2 3 4 5 Cash $8,000 $15,000 $22,000 $29,000 $36,000 Flow What is the uniform annual equivalent if the interest rate is 12% per year? (4.11)

(a) $20,422

(b) $17,511

(c) $23,204

(d) $22,000

(e) $12,422

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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