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A car an achieve a $15k cost saving in year 1 and increasing $2k every year for next 5 years by transforming the combustion type
A car an achieve a $15k cost saving in year 1 and increasing $2k every year for next 5 years by transforming the combustion type from turbo charger to super charger. At an 15% interest rate, what is equivalent annuity of savings?
Must draw the Cash Flow Diagram or Show transactions at each point before you jump into main calculation.
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