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EAC

  • #: 18972
  • Price: $2.99 In Apple Store
  • Category: Finance
  • Updated: 2010-08-25
  • Current Version: 3.0
  • 3.0
  • Size: 0.10 MB
  • Language: English
  • Seller: Business Compass LLC
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.3 or later
  • © 2010 Business Compass LLC
  •  Add to Favorite apps

 

Description

EAC - Estimated Annual Cost

EAC accepts expenses as input. Expense start time can be supplied. By default expense starts at t=0. Expense can repeat. Expense repetition can be supplied.

EAC computes NPV of expenses. Then, it calculates the EAC of the NPV at a given interest rate.

EAC is applicable to comparing maintenance of machines with unequal lives.

Example:

Compare 2 machines A and B

A:

t=0 expense 15

t=1 expense 4

t=2 expense 4

t=3 expense 4

Interest rate = 10%

NPV = 24.95

EAC = 10.03

B:

t=0 expense 10

t=1 expense 6

t=2 expense 6

Interest rate - 10%

NPV = 20.41

EAC = 11.76

Which machine is better?

Machine A is better than machine B due to lower EAC.

What's New in Version 3.0

Improved user interface

View iPhone screenshots | View iPad screenshots

iPhone Screenshots

EAC iPhone Screenshot 1

iPad Screenshots

EAC iPad Screenshot 1

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The information may be outdated (2011-03-27 22:17:20). For actual information go to iTunes

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