Calculate the present worth of all costs for a newly acquired 3 D printer with an initial cost of $ 2 9 , 0 0

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Calculate the present worth of all costs for a newly acquired $3$D printer with

an initial cost of $$29,000,$ a trade$-$in value of $8\%$ of initial cost at the end of its $10-$

year life, and an annual operating cost of $$13,000$ for the first $4$ years, increasing

by $10\%$ per year thereafter. Use an interest rate of $10\%$ per year.