Calculate the equivalent uniform annual worth of the


Penatti & Associates installed a new delivery system at an initial cost of $240977. The system led to increased efficiencies and the company saved $45522 the first year, with savings projected to increase by 14% each subsequent year. Calculate the equivalent uniform annual worth of the delivery system over 6 years. Use a nominal annual interest rate of 6% compounded quarterly to make the calculation.

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Financial Management: Calculate the equivalent uniform annual worth of the
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