At an interest rate of 10% per year, the economic service life of an asset that has

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At an interest rate of 10% per year, the economic service life of an asset that has a current market value of $15,000 and the expected cash flows shown is:

a. 1 year

b. 2 years

c. 3 years

d. 4 years

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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