Determine the equivalent uniform annual worth of equipment

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Reference no: EM131027069

A company plans to invest $15,000 dollars are new equipment to reduce operating costs. It is estimated that the savings will be $8,000 per year for the 7 year life of the equipment. Determine the equivalent uniform annual worth (EUAW) of the equipment at 7% interest. Express your answer in $ to the nearest $10.

Reference no: EM131027069

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