SOLVE STEP BY STEP The maintenance foreman of a plant was reviewing his maintenance records found that one of the machines, a large press, had the following maintenance cost record: 5 years ago $600 4 years ago 700 3 years ago 800 2 years ago 900 Last year 1000 After consulting with a lubrication specialist, he changed the preventive maintenance schedule. He now estimates that maintenance will be $900 this year, and it will decrease by $100 a year in each of the following 4 years. If his estimates of the future are correct, what will be the equivalent uniform annual maintenance cost for the 10 -year period? Assume interest at 8%. Build model