G.3. A proposed geothermal energy project has an initial cost of $1,000K. In addition it will re- quire an infinite series of periodic maintenance expenditures at five-year intervals following the first maintenance expenditure at EOY 2. Find the equivalent annual cost with no and i = 88 percent per year. EOY Expenditure 0 2 7 12 17 etc. to co Initial cost Periodic maintenance Same Sanie Same $1.000K 140K 200K 260K 320K etc. to oo (Ans. NAW = $137,510K/yr) G.3. A proposed geothermal energy project has an initial cost of $1,000K. In addition it will re- quire an infinite series of periodic maintenance expenditures at five-year intervals following the first maintenance expenditure at EOY 2. Find the equivalent annual cost with no and i = 88 percent per year. EOY Expenditure 0 2 7 12 17 etc. to co Initial cost Periodic maintenance Same Sanie Same $1.000K 140K 200K 260K 320K etc. to oo (Ans. NAW = $137,510K/yr)