What is the Equivalent Annual Annuity (EAA)of a project that has an initial outlay of $2,500 followed by cash inflows of $1,000, $3,000 and $5,000 in years 1, 2 & 3 respectively? Assume a cost of capital of 11%. (Round to nearest $)

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The Answer of What is the Equivalent Annual Annuity (EAA)of a project that has an initial outlay of $2,500 followed by cash inflows of $1,000, $3,000 and $5,000 in years 1, 2 & 3 respectively? Assume a cost of capital of 11%. (Round to nearest $)

What Is the Equivalent Annual Annuity (EAA)of a Project That