Question
An observatory has a telescope that requires an initial investment of$25,000. A benefactor will provide $7,500 gift every 5 years as long as the university
An observatory has a telescope that requires an initial investment of$25,000. A benefactor will provide $7,500 gift every 5 years as long as the university makes the telescope available to the public. If the university MARR is 8%, what is the EUAW of this project?
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
