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4) The design company CasaOffshore in Casablanca Offshoring Park is evaluating the purchase of automatic tools to automate the design process. The company just purchased

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4) The design company CasaOffshore in Casablanca Offshoring Park is evaluating the purchase of automatic tools to automate the design process. The company just purchased an upgraded DgCAD software for $5000 now and annual payments of $500 per year for 5 years starting year 1 for annual upgrades with $50 increase each year. Using a rate of 10% per year and a predicted life of 5 years, find the equivalent Uniform Series of the maintenance cost only (annual upgrade+Increase). 390 350 560 590

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