Given: Cash flows for an investment.YearCash flow $400 500Select one:Required: EUAC at 5% per year.a. $70.62b. $64.80c. $74.63d. $49.971Show Transcribed Text2 345600 700 -2,000I've tried doing the total present worth divided by the total present value factor but I am still not getting an answer closeto the ones given.

Answered: Given: Cash flows for an investment.…

Given: Cash flows for an investment. Year 1 2 3 Cash flow $400 500 600 700 Required: EUAC at 5% per year. Select one: a. $70.62 b. $64.80 c. $74.63 d. $49.97 4 5 -2,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Given: Cash flows for an investment.
Year
Cash flow $400 500
Select one:
Required: EUAC at 5% per year.
a. $70.62
b. $64.80
c. $74.63
d. $49.97
1
Show Transcribed Text
2 3
4
5
600 700 -2,000
I've tried doing the total present worth divided by the total present value factor but I am still not getting an answer close
to the ones given.

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