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Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 4 years. First cost: $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a EAW $5,737 Ob. EAW = $6,158 OCEAW-$13,636 O d. EAW = $617

Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 4 years. First cost: $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a EAW $5,737 Ob. EAW = $6,158 OCEAW-$13,636 O d. EAW = $617

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 4 years. First cost : $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a. EAW = $5,737 O b. EAW $6,158 OCEAW-$13,636 O d. EAW -$617
Transcribed Image Text:Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 4 years. First cost : $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a. EAW = $5,737 O b. EAW $6,158 OCEAW-$13,636 O d. EAW -$617
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