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Maintenance cost for a new system are estimated to be $150,000 in year 3 and $175,000 in years 4 to 10 of an expected 10-year

Maintenance cost for a new system are estimated to be $150,000 in year 3 and $175,000 in years 4 to 10 of an expected 10-year life system. If similar systems will replace the current one, determine the perpetual equivalent annual maintenance cost at i = 10% per year.

Question 8 options:

$-111,376

$-122,514

$-127,807

$-164,881

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