The equivalent uniform annual cost

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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

Reference no: EM13834762

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