Question: Please explain to me how to get the answer for 7.21, step by step because I can't figure it out. Also please show all work

Please explain to me how to get the answer for 7.21, step by step because I can't figure it out. Also please show all work written down Please explain to me how to get the answer for 7.21, step
you only need to solve for 7.21 there is nothing for 7.2

17.21] Compute the capital recovery for the machine of Problem, 7.15, using (76). Compare with the answer to Problem 7.20 (answer to 7.20 is $22 941.26 per year). Answer $2941.25 = $22 941.26 - $20 000 value [7.15] A used machine costs $20 000 to purchase. It has an annual maintenance cost of $20 000, a salvage of $5000, and a 10-year life. If the interest rate is 10% per year, compounded annually, what is the present-worth cost of the machine? Answer $140 960.12 [7.6) is below Let i = 15% per year, compounded annually. Determine the present worth of the following cash flows: End of Year 0 1 2 3 Cash Flow, $1000 - 10 2 2 6 6 Analyze the last two flows as $2000+ $4000. Then, PW-510 000 + $2000(P/A, 15%, 0)+54000(PIA, 15%, 2)(P/F, 15%, 2) =-510 000 + $2000(0.35027)+'+ 54000(0.61512) (1.3225)-' = $626.93

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