A mining venture has a first cost of 6m annual operating


A mining venture has a first cost of $6M, annual operating costs of $2M, annual revenues of $3.2M, working capital requirements of $1.5M, a life of 10 years, and a final reclamation cost of $4M. If i is 15%, what is the EAW?

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Business Economics: A mining venture has a first cost of 6m annual operating
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