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What is the EAC (equivalent annual cost) of the following stream of expenses? Assume an interest rate of 12%. Here I want you to evaluate

What is the EAC (equivalent annual cost) of the following stream of expenses? Assume an interest rate of 12%. Here I want you to evaluate all of the costs in determining the EAC, not just the time zero cost

-Period 0: (-$50,000)

-Period 1: (-$30,000)

-Period 2: (-$40,000)

-Period 3: (-$30,000

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