What is Equivalent annual costs (EAC)?

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July 25, 2021 at 5:57 pm #629405
Duncan0107
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I do not know what is the EAC……><
PLZ HELP
July 26, 2021 at 8:01 am #629440
John Moffat
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It is the equivalent annual cost.
I explain the relevance of it and how it is calculated in my free lectures on DCF and replacement.
(The lectures are a complete free course and cover everything needed to be able to pass the exam well 🙂 )
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