Question: PLEASE ANSWER!!!A contractor estimates maintenance costs for a new backhoe to be $ 2 8 2 for the first month with a monthly increase of

PLEASE ANSWER!!!A contractor estimates maintenance costs for a new backhoe to be $282 for the
first month with a monthly increase of 0.5%??. If the annual interest rate is 6%.
The contractor is planning to sell it after 4 year. What is the present value of the
maintenance cost?
PLEASE ANSWER!!!A contractor estimates maintenance costs for a new backhoe to

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