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 Oa. EAW -$13,636 O b. EAW $6,158 Oc. EAW $617 Od. EAW $5,737
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 Oa. EAW -$13,636 O b. EAW $6,158 Oc. EAW $617 Od. EAW $5,737
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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