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You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,286.84 beginning at the end of first year. Assume that the general inflation rate is 20.05% and the market interest rate is 20.05% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56

You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,286.84 beginning at the end of first year. Assume that the general inflation rate is 20.05% and the market interest rate is 20.05% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56

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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You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,286.84 beginning at the end of first year. Assume that the general inflation rate is 20.05% and the market interest rate is 20.05% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56
Transcribed Image Text:You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,286.84 beginning at the end of first year. Assume that the general inflation rate is 20.05% and the market interest rate is 20.05% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56
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