For a project with the following cash- flows: - Operating cost for the first 5...
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Accounting
For a project with the following cash- flows:
- Operating cost for the first 5 years = 2000;
-Annual Income, Started from the 4th year = 4000, increased by 1000 yearly;
-Extra cost at the end of the 7th year = 3000.
n,= 8 years, i,= 9% per year.
Find the Eq. X(0) . (the Equivalent Single Payment at time (0)
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