Calculate the perpetual equivalent annual cost (years 1 to ) of $1,000,000 now and $1,000,000 three years

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Calculate the perpetual equivalent annual cost (years 1 to ∞) of $1,000,000 now and $1,000,000 three years from now at an interest rate of 10% per year.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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