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1.Annual maintenance costs for a machine are P28,000 this year and are estimated to Increase 10% each year every year. What is the present worth

1.Annual maintenance costs for a machine are P28,000 this year and are estimated to Increase 10% each year every year. What is the present worth of the maintenance cost for six years if Interest is 8%? 2.If the maintenance cost is P25,000 this year and are estimated to increase P3,000 each year every year, what is the present worth of all the maintenance cost?

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