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a company is considering buying workstation computers to support its engineering staff. in todays dollars, it is estimated that the maintenance cost for the computers

a company is considering buying workstation computers to support its engineering staff. in todays dollars, it is estimated that the maintenance cost for the computers (paid at the end of each year) will be $25000, $30000, $32000, $35000, and $40000 for year 1 through 5 respectively the general inflation rate (f) is estimated to be 8% per year and the company will receive 15% per year on its invested funds during the inflationary period. the company wants to pay for maintenance expenses in equivalent equal payments (in actual dollar) at the end of each of the five years. find the amount of the company's annual payment

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