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Question : The cost of maintaining a certain
piece : 5624

The cost of maintaining a certain

piece of equipment is $90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. $894,000

b. $1,015,000

c. $712,000

d. $553,000

The cost of maintaining a certain

piece of equipment is $90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. $894,000

b. $1,015,000

c. $712,000

d. $553,000

The cost of maintaining a certain

piece of equipment is $90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. $894,000

b. $1,015,000

c. $712,000

d. $553,000