Introduction to Equivalent Annual Cost

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This is a live class recording from my Engineering Economics class. The topic is Equivalent Annual Cost (EAC or EUAC) and it is part of the larger topic of Replacement Decisions. Key concepts are Annual Worth, Annuities, Equivalent Annual Cost - Capital, Equivalent Annual Cost - Operating and Maintenance Cost, Equivalent Uniform Annual Cost, and the thinking behind EAC and the concept of Economic Life. This is a Lightboard Video.
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I came back to say thank you so much for all these excellent videos and explanations. I got an A in this course, and I couldn't have done it without your videos. You always answered promptly all my questions and were extremely helpful. Thank you for the effort you put into helping all of us succeed!

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Hi Engineering Economics Guy! I just wanted to thank you for all your videos. I wouldn't have passed this semester without you. You explain so well and are so enthusiastic towards the subject. I wish all my profs were like you! Thank you again and keep doing what you're doing 👍

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amazing I never knew econmics subject is such beautiful

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