Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 9

All of the following are fundamental assumptions for the annual worth method of analysis except :
a) The alternatives will be needed for only one life cycle.
b) The services provided are needed for at least the LCM of the lives of the alternatives.
c) The selected alternative will be repeated for the succeeding life cycles in exactly the same manner as for the first life cycle.
d) All cash flows will have the same estimated values in every life cycle.