6. Holcim Cement plans to buy equipment that costs $560,000 to expand its production in 6 years. If the company sets aside $65,000 now and $100,000 in year 3, what uniform annual amount will it have to put in an account in years 4 through 6 to have the $560,000? Assume the account earns interest at 9% per year, compounded semiannually. 7. The trend of income from fitness equipment was $514,000 in years 1 through 6 and then decreased geometrically by 12% per year through year 12. Determine the equivalent annual income in years 1 through 12, using an interest rate of 10% per year. 8. Determine the amount in year 9 if the annual worth in years 1 through 9 is $532,552.97 and the interest is 10% per year. Year 123456789 Cost, A-A- A- A+100 A+80 A+60 A+40 A+20 A $1000 20 40 60