What is the equivalent annuity starting in year 1 and ending in year 5 for the following project (assume i = 7%) n (year) Cash flow ($) 10 10 1 -1000 2 -600 3 -500 4 10 15 -100 A) 471.0 B) 474.1 C) 472.7 D) 474.7

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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What is the equivalent annuity starting in year 1 and ending in year 5 for the
following project (assume i = 7%)
n (year)
Cash flow ($)
10
10
1
-1000
2
-600
3
-500
4
10
15
-100
A) 471.0
B) 474.1
C) 472.7
D) 474.7
Transcribed Image Text:What is the equivalent annuity starting in year 1 and ending in year 5 for the following project (assume i = 7%) n (year) Cash flow ($) 10 10 1 -1000 2 -600 3 -500 4 10 15 -100 A) 471.0 B) 474.1 C) 472.7 D) 474.7
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