Practice Adding Purchase Price and Operating Costs - 2.1 | 20. Equivalent Annual Cost Calculation | Construction Engineering & Management - Vol 1
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Adding Purchase Price and Operating Costs

2.1 - Adding Purchase Price and Operating Costs

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does EAC stand for?

💡 Hint: Think about cost over time.

Question 2 Easy

What is the purpose of calculating the present worth?

💡 Hint: Consider cash flows happening in different years.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does EAC stand for?

Annual Cost Equivalent
Equivalent Annual Cost
Cost of Asset Management

💡 Hint: Think about what it means in context of annual expenses.

Question 2

True or False: The USCRF can only be applied to operating costs.

True
False

💡 Hint: Consider all the factors we've discussed.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A machine costs 10,000,000 with a 5% interest rate and a USCRF of 0.1. Calculate the EAC.

💡 Hint: Follow the steps we used in class.

Challenge 2 Hard

If the operating cost is 300,000 for 3 years, what is the present worth at a 10% interest rate?

💡 Hint: Recall how we calculated present worth for operating costs.

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Reference links

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