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(PLEASE DRAW THE CASH-FLOW DIAGRAMS for the solution. Thank you!) Annual maintenance costs for a machine are P1,500 this year and are estimated to increase

(PLEASE DRAW THE CASH-FLOW DIAGRAMS for the solution. Thank you!)

Annual maintenance costs for a machine are P1,500 this year and are estimated to increase 10% each year every year. What is the present worth of the maintenance costs for six years if (a) i = 8%, (b) i = 10%, (c) i =12%?

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