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Find the present worth of earthmoving equipment that has a first cost today of $169,000, an annual operating cost of $69,000, and a salvage value

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Find the present worth of earthmoving equipment that has a first cost today of $169,000, an annual operating cost of $69,000, and a salvage value of 20% of the first cost after 5 years, these estimates being in future dollars. Assume that the real interest rate is 9% per year and that inflation has averaged 5.5% per year. Solve with inflation (a) not accounted for and (b) accounted for. a) The present worth with inflation not accounted for is $ b) The present worth with inflation accounted for is $

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