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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 39
The cash flows for two investment projects are as given in Table 1.
Table 1
(a) For project A, find the value of X that makes the equivalent annual receipts equal the equivalent annual disbursement at i = 15%.
(b) For A to be preferred over project B, determine the minimum acceptable value of X in year 2 at i = 12% based on an AE criterion.
Table 1
(a) For project A, find the value of X that makes the equivalent annual receipts equal the equivalent annual disbursement at i = 15%.(b) For A to be preferred over project B, determine the minimum acceptable value of X in year 2 at i = 12% based on an AE criterion.
Explanation
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The annual equivalent worth is a criteri...
Contemporary Engineering Economics 6th Edition by Chan Park
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