Consider an asset that you purchase for $84,000. Its nominal resale value after four years of ownership is $29,282. At that time you plan to sell it and move to a retirement community in Fort Dodge, la. What is the annuity or levelized cost payment that has the same net present cost to you of holding this asset if the nominal discount rate is 10%? (1+i)? The annuity factor is given by (1.1)4 .1 = 3.17