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What is the eac of the first bid

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Question 1: The maintenance manager at Easton Hut must choose a new contract for required services after collecting bids from three service providers he finds the first bed requires that Easton Hut pay a retainer of 6.389 million today and 1.629 million every year for the next five years if the discount rate is 9.5% what is the EAC of the first bid

Reference no: EM132599369

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