****DO NOT SOLVE IF YOU ARE NOT GOING TO ANSWER BOTH QUESTIONS, THANK YOU*****
QUESTION 3
For the below Cash Flow find PW using 10% interest rate.
years
$ cost
0
3937
1
-
2
-
3
3,000.00
4
3,100.00
5
3,200.00
6
3,300.00
7
3,400.00
8
3,500.00
10 points
QUESTION 4
A company purchased a quality control system for $36737 which requires $7979 per year maintenance fees for the first 5 years, after which the maintenance fees will increase by 12% per year for the upcoming 7 years. Determine the equivalent total present worth value of preached system during the 12 years operation at i = 15% per year.