The State of Chiapas, Mexico, decided to fund a program for improving reading skills in elementary school students. The first cost is $275,000 now and an update amount of $140,000 every 6 years forever. Determine the perpetual equivalent annual costat an interest rate of 10% per year. The perpetual equivalent annual cost is determined to be -$ Help Sa Alrodyne Wind, Inc., has wind tunnels that can operate vertically or horizontally for evaluating the effects of air flow on a component's PCB response and reliability. The company expects to build a new tunnel that will be outfitted with multiple sensor ports. For the estimates below, calculate the equivalent annual cost of the project. First Cost Replacement Cost, Year 2 AOC per Year Salvage Value Life, Years Interest Rate $ 160,000 $-320,000 $-940,000 $275,000 13% The equivalent annual cost of the project is $