Please Consider The following :

1- The solution is needed as fast as possible ( my submission is due to 2 hours from now )

2- No Explanations Required in the solution.

A new energy system offers free maintenance during the first year of ownership. The

maintenance costs the second year are estimated to be $100 and to increase by $100 each year thereafter.

Assume you are planning on owning the energy system 5 years and that your cost of money is ?.

Find the future worth of the maintenance costs.The interest rate, i,for each student is given

in the data sheet. ( i = 24%)