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    Engineering Economy
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    Exam 8: Price Changes and Exchange Rates
  5. Question
    Find the Annual Worth Equivalent in Actual- Dollars from Year
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Find the Annual Worth Equivalent in Actual- Dollars from Year

Question 14

Question 14

Short Answer

Find the annual worth equivalent in actual- dollars from year 1 to 8 of an investment of
$28,000 now, if the inflation rate is 5.5% and the inflation- free interest rate is 15% per year.

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