The maintenance costs associated with a machine are 2000


The maintenance costs associated with a machine are $2,000 per year for the first ten years, and $1,000 per year thereafter. The machine has an infinite life. If interest is 10%, what is the present worth of the annual disbursements?

a) $16,145

b) $19,678

c) $21,300

d) $92,136

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Mechanical Engineering: The maintenance costs associated with a machine are 2000
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