
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 1
The repeating cash flows for a certain project are as given in Table 1. Find the equivalent annual worth for this project at i = 10%, and determine the acceptability of the project.
Table 1

Table 1

Explanation
The annual equivalent worth is a criteri...
Contemporary Engineering Economics 6th Edition by Chan Park
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