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Question 8 25 pts The initial cost of a machine is $10,000. The selling company has to maintain the machine for the next 7 years,

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Question 8 25 pts The initial cost of a machine is $10,000. The selling company has to maintain the machine for the next 7 years, and the maintenance cost for years are as below and paid at the year. It increases every year because the machine gets old every year. What is the net investment cost of the machine including the maintenance cost for the 7 years? Nominal interest rate 9% [SUBMIT/UPLOAD YOUR WORK] Draw the cash flow diagram, too. Year 1 2 3 4 6 7 Dash flow 100 150 200 250 300 350 400 I A- A - Ix E 33XX, EE V 12pt Paragraph

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