Question
A machine has a life of three years, with cash outflows at T=0 of $1435.98 and 3 cash outflows in year 1-3 of $153.02. The
A machine has a life of three years, with cash outflows at T=0 of $1435.98 and 3 cash outflows in year 1-3 of $153.02. The discount rate is 2.79% per year.
The equivalent annual cost of this machine is = $
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
