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I am buying a boat -I expect the maintenance costs in year 1 to be $600. I expect this to increase by $150 per year

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I am buying a boat -I expect the maintenance costs in year 1 to be $600. I expect this to increase by $150 per year in years 2, 3, 4, & 5 What is the present worth of all of the expenses at 6% interest 1190 2527 3050 3717 A new machine will generate profits as follows Year 1 $10,000 Year 2 $9,000 Year 3 $8,000 Year 4 $7,000 What is the gradient amount $10,000 -$ 10,000 -$ 1,000 $1,000 A new machine will generate the following profits Year 1 $ 10,000 Year 2 $9,000 Year 3 $8,000 Year 4, $7,000 At 6% interest what is the present value of the machine's profits $29, 705 $34, 651 $39, 597 $42, 789

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