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An investment project has a cost of KD 5000 at time 0. The project generates income of KD 2000 per year for 3 years. The

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An investment project has a cost of KD 5000 at time 0. The project generates income of KD 2000 per year for 3 years. The annual income is expected to increase by 5% for years 4 until year 9. In the tenth year, the income is KD 4000. If the interest rate is 5% per year, calculate: a) The present value for this project. b) The equivalent uniform annual value over the 10 years

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