A company plans to invest 20000 dollars are new equipment, Financial Management

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A company plans to invest 20000 dollars are new equipment

A company plans to invest $20,000 dollars are new equipment to reduce operating costs. It is estimated that the savings will be $7,000 per year for the 6 year life of the equipment. Determine the equivalent uniform annual worth (EUAW) of the equipment at 8% interest.

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Financial Management: A company plans to invest 20000 dollars are new equipment

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Financial Management: A company plans to invest 20000 dollars are new equipment

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