Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
What is the equivalent annual cost in years 1 through 9 of a contract that has a first cost of $66,000 in year 0 and annual costs of $19,000 in years 3 through 9? Use an interest rate of 14% per year.
The equivalent annual cost is determined to be $
My answer is 81,697.09 but I ‘m not sure if it is correct using p/a and p/f forumlas