4-140. Consider the following sequence of year-end cash flows: EOY 1 2 3 4 5 Cash $8,000...
Question:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling
Question Posted: