If the marr is 8 what is the equivalent uniform annual cost
Consider the following costs:
Year Cost
0 $500
1 $150
2 $225
3 $300
4 $375
5 $450
If the MARR is 8%, what is the equivalent uniform annual cost (EUAC)?
a) $288.45
b) $301.27
c) $413.70
d) $540.60
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