a product comes with a 3-year warranty repair


A product comes with a 3-year warranty. Repair costs are expected to average $3500 per year, beginning in year 4. The interest rate is 10%.

Determine the present worth of the crane's repair costs over its 15-year life.

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Econometrics: a product comes with a 3-year warranty repair
Reference No:- TGS0499453

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