what is the equivalent annual cost in years 1 through 7 of a contract that has...

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what is the equivalent annual cost in years 1 through 7 of a contract that has...

what is the equivalent annual cost in years 1 through 7 of a contract that has a first cost of $63000 in year zero and annual costs of $18000 in years 3 through 7? use an interest rate of 9% per year

business economics

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