Question: please answer Your Engine or Mine is a local manufacturer of four-stroke single-cylinder engines in College Station. This year (year 1), the cost for machining

please answer

please answer "Your Engine or Mine" is a local manufacturer of four-stroke

"Your Engine or Mine" is a local manufacturer of four-stroke single-cylinder engines in College Station. This year (year 1), the cost for machining the engine block is $600. The company expects this cost to decrease based on a new law passed by the US Congress. If the cost in year two and each year thereafter decreases by $50, what is the equivalent annual cost for four years at an interest rate of 10% per year compounded quarterly

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