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10. A state government contractor is considering buying a software package at a cos of $475,000. The software company will charge pa an annual maintenance

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10. A state government contractor is considering buying a software package at a cos of $475,000. The software company will charge pa an annual maintenance fee of $15,000 is biddi software that should be included in the bid at an interest rate of 25% is yable at the beginning each year including the very first year. The contracting company ng on a five-year government contract. The equivalent uniform annual cost of the $525,430 B. $527,650 C. $532,430 D. $537,650

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