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A machine costs $ 2 7 0 , 0 0 0 and has a life of 1 2 years. The machine will be under total
A machine costs $ and has a life of years. The machine will be under total warranty for years. In the th year, the maintenance cost is estimated to be $ and increases by $ each year till the th year. What amount will the company have to put aside at interest per annum compounded yearly for the maintenance?
A machine costs $ and has a life of years. The machine will be under total warranty for years. In the th year, the maintenance cost is estimated to be $ and increases by $ each year till the th year. What amount will the company have to put aside at interest per annum compounded yearly for the maintenance?
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