Please show all work in detailed steps of how to get to the answer. If you use a table or chart please explain what table/how to read it, and possibly link the table if you can. Also please include a cash flow diagram.

Problem 4(30 pts As the factory's technician, you see a lot of poor management decisions that you have no control over and et are required to take care of. One such decision was the purchase of some new machinery of such poor design that ts projected maintenance and repair costs over the next few years are expected to increase at the following rate End-of Year Maintenance&Repair Costs 2,000 8,000 $14,000 $20,000 $26.000 Assuming a compound interest rate of 10.23% per year. a) What sthe projected equivalent annual cost of taking care of this equipment? b) What is the projected future cost, in the final year, of all of hese repairs