5-79. What is the equivalent AW of a two-year contract that pays $5,000 at the beginning of...
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5-79. What is the equivalent AW of a two-year contract that pays $5,000 at the beginning of the first month and increases by $500 for each month thereafter? MARR =
12% compounded monthly. (5.5)
(a) $10,616
(b) $131,982
(c) $5,511
(d) $5,235
(e) $134,649
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Related Book For
Engineering Economy
ISBN: 9781292265001
17th Global Edition
Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling
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