Question
A construction company can save $14,984 in Year 1 and increasing by $2,167 each year for the next 6 years by converting their diesel engines
A construction company can save $14,984 in Year 1 and increasing by $2,167 each year for the next 6 years by converting their diesel engines to biodiesel fuel. At in interest rate of 16% what is the equivalent annual worth of the savings?
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
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