Calculate the equivalent uniform annual worth for the following set of cash flows. Round your answer to the nearest dollar. Annual Interest Rate: 2% Period: 5 years Initial Investment (Cost): $755 Annual Revenue: $503

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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Calculate the equivalent uniform annual worth for the following set of cash flows.
Round your answer to the nearest dollar.
Annual Interest Rate: 2%
Period: 5 years
Initial Investment (Cost): $755
Annual Revenue: $503
Transcribed Image Text:Calculate the equivalent uniform annual worth for the following set of cash flows. Round your answer to the nearest dollar. Annual Interest Rate: 2% Period: 5 years Initial Investment (Cost): $755 Annual Revenue: $503
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