Find the economic life of asset having cash flow estimates

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Find the economic life of an asset having these cash flow estimates: Capital investment = $10,000 MV= $10,000 (at all times) Annual expenses = $3,000 (EOY 1) $4,000 (EOY 2) $5,000 (EOY 3) and $6,000 (EOY 4) The MARR is 12% per year.

 

Reference no: EM131087876

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