An investment pays $5000 per year for 7 years. Real MARR is 7% per year and inflation is 5% per year. What is the Actual MARR? Round your final answer to ONE DECIMAL point. Round interim calculations to 4 decimal points. Do not include any any symbols such as percentage % sign, commas and/or spaces in your answer. Your answer should only include numbers with one decimal point. For example, if the correct answer is 25.347%, you should entel 25.3 as your answer. If you enter 25.35 or 25 or 25.0 or 25.3% or 0.253, your answer will get marked wrong.

An investment pays $5000 per year for 7 years. Real MARR is 7% per year and inflation is 5% per year. What is the Actual MARR? Round your final answer to ONE DECIMAL point. Round interim calculations to 4 decimal points. Do not include any any symbols such as percentage % sign, commas and/or spaces in your answer. Your answer should only include numbers with one decimal point. For example, if the correct answer is 25.347%, you should entel 25.3 as your answer. If you enter 25.35 or 25 or 25.0 or 25.3% or 0.253, your answer will get marked wrong.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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