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What is the EAC (Equivalent Annual Cost) of the following stream of expenses? Assume an interest rate of 15% Period 0: - $60,000 Period 1:
What is the EAC (Equivalent Annual Cost) of the following stream of expenses? Assume an interest rate of 15% Period 0: - $60,000 Period 1: - $10,000 Period 2: - $20,000 Period 3: + $30,000
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