Question: DQuestion 8 7 pts The first-year maintenance cost for a new car is estimated to be $100, and it increases at a uniform rate of

DQuestion 8 7 pts The first-year maintenance cost for a new

DQuestion 8 7 pts The first-year maintenance cost for a new car is estimated to be $100, and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate the present worth of the cost of the first 5 years of maintenance. (HINT: enter number value only without the $ symbol)

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