A project will cost 200,000. Its benefits are estimated to be 30,000 for the first...
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Accounting
A project will cost 200,000. Its benefits are estimated to be 30,000 for the first 6 years and 22500 for the remaining 4 years. The projects life is planned for 10 years and its scrap value will be 12,000. At a discount rate of 6% what is the equivalent annual value (EAV) to the nearest 10
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