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Assume the NPV for a machine's total cost over 10 years is -$5,000. If the discount rate is 8%, what will be the equivalent annual
Assume the NPV for a machine's total cost over 10 years is -$5,000. If the discount rate is 8%, what will be the equivalent annual cost (EAC) in this case?
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-$1,252.28
-$745.15
-$813.73
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
