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How to do 5-button steps using TI-84 calculator to get PW in the answer provided below. Need to know how to get values using the

How to do 5-button steps using TI-84 calculator to get PW in the answer provided below. Need to know how to get values using the calculator.

A machine has a rst cost of $10,000. Its market value declines by 20% annually from its previous year's market value. The repair costs are covered by the warranty in Year 1, and then they increase $600 per year. The rm's MARR is 15%.

a) Find the minimum EUAC for this machine.

Answer: $3450

Year Cost Salvage Value PW EUAC:

1 0 $8,000 $3,043 $3,500

2 600 6,400 5,614 3,453

3 1,200 5,120 7,876 3,450

4 1,800 4,096 9,930 3,478

5 2,400 3,277 11,836 3,531

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