Below are the projected costs of the initial construction and yearly maintenance of a large municipal swimming pool. Assume an interest rate of 8%. In what year should the pool be replaced. What is the minimum EUAC of the pool and in what year does it occur?

Year	Cost
0	$250,000
1	$0
2	$0
3	$12,000
4	$29,000
5	$46,000
6	$63,000
7	$80,000

Answers: Year pool to be replaced:_____, Minimum EUAC:__________ , Year of minimum EUAC:_____

Reasoning/Work: