Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 5 years. First cost: $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a. EAW--$13,636 O b.EAW-$6.762 Oc. EAW-$5.737 d. EAW-$6.158

Compute the Equivalent Annual Worth of this alternative. The annual interest rate is 8% compounded quarterly. The life of this alternative is 5 years. First cost: $93,000 Quaterly cost: $7,000 Quaterly income: $19,000 Salvage value: $11,000 O a. EAW--$13,636 O b.EAW-$6.762 Oc. EAW-$5.737 d. EAW-$6.158

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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