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The Ceca-Cota are te ge Vr a Qr*ect wilt require an iitial ivestmeat $ 5t,C and an annual expenditLare $ 50O gear ene the
The Ceca-Cota are te ge Vr a Qr*ect wilt require an i"itial i"vestmeat $ 5t,C and an annual expenditLare $ 50O gear ene the 5th year expenditure $ 70,000 from the 6th gear tili the end this VreJeet. The project provide revenue $ decrease bg ltt each gear till the end. The pre;ect has a kie t'me 10 gears. Find ut the PEC (@reser.t equivalent cest) iK the ruemir.a@ ir,terest rate is 15%.
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
