CNCT AC ENG ECONOMY ed.:8
CNCT AC ENG ECONOMY ed.:8
17th Edition
ISBN: 9781259680328
Author: Blank, Leland;Tarquin , Anthony
Publisher: MCG
Question
Chapter 6, Problem 1P
To determine

The calculated equivalent annual value.

Expert Solution & Answer
Check Mark

Explanation of Solution

The future value of the cash flow can be converted as equivalent annual value by multiplying the future value by the annual value factor to the future value (A/F).

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