The annual worth equivalent of a long-life project which has estimated revenues of $50,000 now, $10,000 per year in years 1 to 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to: a. Less than $16,900 b. $16,950 c. $17,390
The annual worth equivalent of a long-life project which has estimated revenues of $50,000 now, $10,000 per year in years 1 to 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to: a. Less than $16,900 b. $16,950 c. $17,390
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 19E
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