Equivalent Annual Cost (EAC) -- Definition & Example
https://investinganswers.com/dictionary/e/equivalent-annual-cost
WEBUpdated September 29, 2020. What is the Equivalent Annual Cost (EAC)? Equivalent annual cost (or EAC) is the cost per year of owning, operating, and maintaining an asset over its lifetime. How the EAC Works. EAC is often used as a tool in capital budget decision making for evaluating investments of unequal lifespans.
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