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INDE232 Company expects the cost of maintenance for a particular piece of equipment to be $5000 in year 1, $5250 in year 2 and amounts

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INDE232 Company expects the cost of maintenance for a particular piece of equipment to be $5000 in year 1, $5250 in year 2 and amounts increasing by $250 through year 5. At interest rate of 10% per year. Find he present worth of the maintenance cost? Select one: O a. 5687 b. 17895 O c. 51280 d. 42169 e. 20659

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