An engineering design firm is bidding on a design build, Business Economics

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An engineering design firm is bidding on a design build

An engineering design firm is bidding on a design build contract that will last 2 years. New computer equipment costing $25,000 per year will need to be leased. Annual salaries and overhead will total $450,000. Working capital will equal 1 month's salary and overhead. If i = 12%, what is the project's EAC? (Use annual periods.)

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Business Economics: An engineering design firm is bidding on a design build

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