What is present worth of five years of cost of maintanance

Reference no: EM13297505

you purchased an old machine at the beginning of this year.maintanance on this old machine will be 100$ at the end of this year but is expected to increase by $25 each year after. what is the present worth of five years of the cost of maintanance? use interest rate of 12%

Reference no: EM13297505

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What is present worth of five years of cost of maintanance : you purchased an old machine at the beginning of this year.maintanance on this old machine will be 100$ at the end of this year but is expected to increase by $25 each year after. what is the present worth of five years of the cost of maintanance

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