Question: help me solve this question please add some comments for my understanding The annual pumping cost for delivering water from the Durian Tunggal River to

help me solve this question please add some comments for my understanding

The annual pumping cost for delivering water from the Durian Tunggal River to Bukit Jus Dam was RM 400 000 for the first 3 years. An effective energy conservation program resulted in a reduced cost to RM 300 000 in year 4 and year 5. Determine the equivalent annual worth of the pumping costs over the 5 years at an interest rate of 12% per year compounded quarterly.

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