You found a report stating that the equivalent annualworth

Chapter 3, Problem 3.72

(choose chapter or problem)

You found a report stating that the equivalent annualworth of chemical costs associated with a water treatment process were $125,000 per yearfor a 5-year period. The report stated that the costin year 1 was $190,000 and the cost decreased by auniform amount each year over that 5-year period.However, it did not say how much the decreasewas each year. If the interest rate was 20% per year,the amount of the annual decrease, G, is closest to:(a) $27,358 (b) $31,136(c) $33,093 (d) $39,622

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