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thank you QUESTION 7 Operating and maintenance costs at a factory are expected to be $1.000 in year 3, but increase by 39% per year

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QUESTION 7 Operating and maintenance costs at a factory are expected to be $1.000 in year 3, but increase by 39% per year thereafter through year 10. The company would like to deposit a uniform amount in an account in years 1 through 10 to ensure the money will be available to cover all the mantenance costs over the next 10 years. If the account earns 8%% compound interest, the minimum value of that deposit is nearest to: O a. $1168 O b. $786 O c. $806 O d. $940

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