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An engineering firm buys a robot with a 2-year warranty, no cost for service, then starting in year 3, they have to pay $15,000 per

An engineering firm buys a robot with a 2-year warranty, no cost for service, then starting in year 3, they have to pay $15,000 per year for their maintenance until year 8 when the project is expected to end as the robot will be obsolete. What is the present value of this maintenance contract at a MARR of 10%?(

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