Find the annual equal payment

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Reference no: EM132063842

A yearly maintenance cost of an automobile is as follows

n	CF
0
1	$160
2	$200
3	$240
4	$280
5	$320

a) What is the present worth at 10% per year interest? Find A and G and use

P = A(P/A, i%,n) + G(P/G,i%,n)

b) What is the annual equal payment?

A(overall) = A + G(A/G, i%, n) Basics of Engineering Economy

Reference no: EM132063842

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