You are paying a series of five constant-dollar (or real-dollar) uniform payments of $642.19 beginning at the end of first year. Assume that the general inflation rate is 28.15% and the market interest rate is 28.15% 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 $642.19 beginning at the end of first year. Assume that the general inflation rate is 28.15% and the market interest rate is 28.15% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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