Year Revenue, $ 40,000 1 40,000 2 40,000 3 50,000 4 50,000 5 50,000

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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The by-product department of Iowa Beef has the revenue stream shown. If the interest rate is an effective 12% per year compounded continuously, determine the annual worth of the revenues for years 1 through 5.

Year
Revenue, $
40,000
1
40,000
2
40,000
3
50,000
4
50,000
5
50,000
Transcribed Image Text:Year Revenue, $ 40,000 1 40,000 2 40,000 3 50,000 4 50,000 5 50,000
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