Equivalent Annual Annuity Approach financial calculator to calculate capital budgeting of two investment projects which have unequal lives.
Capital Budgeting EAA Calculation
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C = r (NPV) / 1 - (1 + r)-n
C - Equivalent Annuity Cash Flow,
NPV - Net Present Value,
r - Rate Per Period,
n - Number of Periods.
Calculation of capital budgeting Equivalent Annual Annuity Approach is made easier here.