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8. Your department is budgeting miscellaneous expenses for the next 5 years. Your best guess at the annual inflation rate is 3.9%, and the combined
8. Your department is budgeting miscellaneous expenses for the next 5 years. Your best guess at the annual inflation rate is 3.9%, and the combined MARR is 15%. Expenses currently run $14,500 per year. Assume that expenses are end-of-year payments. Parta Determine the then-current dollar amounts for years 1,2,3,4, and 5 . Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is \pm 5 . Part b Determine the constant dollar amount for years 1,2,3,4, and 5 . EOY 1 2 3 4 5 Constant Dollar Amount $ $ $ $ 5 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is \pm 5 . Partc Determine the PW of the then-current dollar amounts. $
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