Convert the following cash pattern to a uniform series of end-of-year costs over a seven year period and let i = 9% per year.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Convert the following cash pattern to a uniform series of end-of-year costs over a seven year period and let i = 9% per year.

Problem 2
Convert the cash-flow pattern shown below to a uniform series of end-of-year
costs over a seven-year period and let i = 9% per year.
EOY
1
2
3 4
5
7
$100 $100 $100
$100 $100 $100
$200
Transcribed Image Text:Problem 2 Convert the cash-flow pattern shown below to a uniform series of end-of-year costs over a seven-year period and let i = 9% per year. EOY 1 2 3 4 5 7 $100 $100 $100 $100 $100 $100 $200
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