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9- A project has an initial cost of $10000.00 and provides for savings starting at $5000.00 at the end of 1st year and savings per
9- A project has an initial cost of $10000.00 and provides for savings starting at $5000.00 at the end of 1st year and savings per year continue for 10 years decreasing by $200.00 each year. If the interest rate is 10%, what is the Equivalent Uniform Annual Worth (EUAW) for this project?
a) $1490.01 b) $2840.30 c) $2735.80 d) $2628.00
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