What single payment at the end of year 5 is equivalent to an equal annual series of

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What single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually.

V5 12

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 12, 2018 10:37 AM

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What single payment at the end of year 5 is equivalent to an equal annual series of

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V5 12

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Fundamentals of Engineering Economics

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