Question 4 10 pts Question 4 (10 points): A contractor estimates maintenance costs for a new backhoe to be $275 for the first month with a monthly increase of 0.5%. The contractor can buy a 4-year maintenance contract with a uniform monthly payment of $320. If the annual interest rate is 6%. What should the contractor do? Arithmet Gede Gratant Uniform Present Compound interest Factor Uniform Payment Series Capital Compound Recovery Amount Factor Factor Find Find Given P Given AIP FIA 1.000 2.000 3015 4.030 Present Worth Factor Find Given A PA 0.995 L.95 2.970 1 2 . GOOI NEDS LUCE ICSC OROC 1 2 4 5 Find A Given AG 0 0.499 0.00 1494 1.9 2406 2.900 1.414 3.967 360 $ 6 7 8 4.926 5. 6.162 7820 1.779 6 10 9.750 1696 1437 127 119 102 0937 0861 0796 0741 0194 12 10.677 11.619 12.556 13.489 490 5.441 5,931 6.419 14 15 7 1 9 10 11 11 13 14 15 16 17 IN 19 21 SE 61 150 2006 21 22 Single Payment Compound Present Amount Worth Factor Factor Fine Find Given P Glven P PAF 1.00 9950 1.010 9901 1013 9851 1.020 02 LOS 9754 1.030 9705 1.036 9657 1.041 9600 1.045 351 1051 9513 1056 9466 1062 9419 1.062 1.022 9326 1.078 9279 1.03 9233 1.08 9187 1.094 9141 1.099 9096 1.105 1.110 1.116 8961 1.122 8916 1.127 8872 1.133 1.138 8784 1.144 8700 1.150 8697 1.156 2653 1.161 8610 1.197 8356 1.221 8191 1.270 7871 1.283 7793 1.296 7716 1349 7414 1418 7053 1412 6983 1.490 6710 1.520 1527 1.567 633 1.614 .6195 1.647 1680 3953 1819 5496 3310 3021 6.023 1660 10957 0913 0632 0615 0582 0353 0527 0503 081 0101 0443 Sinking Fund Factor Find A Given AF 1.000 4988 3317 3481 190 1616 1407 1238 TONY 0978 0887 ON1 0746 001 0644 0602 0565 0832 0500 0477 0453 0431 0411 40193 0177 0361 0347 0144 0321 0310 0254 0226 0185 0177 0169 0143 0120 O116 0102 0096 OOR3 CONTA .00773 00735 00610 00216 00100 Ons 21 24 25 26 27 23 34 26 17 Find Given PG 0 0.01 2.999 3.909 903 14 20:40 27.178 34.82 43389 52855 13218 7445 86.590 99 574 113477 12.125 143.666 160017 177.237 195.245 214.070 233.00 25408 275 273 297.230 319.955 141419 367672 1920 557.564 681.41 989928 1035.70 1113 141865 1913. 2012:35 2434.00 2640.67 2976.08 3334.19 356290 380619 482152 13415.56 21-103.32 27588. 17 6076 7.106 R14 9.18 10228 11 279 12.336 13.397 14 104 15.537 16.614 17 97 13.76 19.NO 20.929 22054 21191 24110 35.432 26.550 27.02 2.30 29975 31.124 32.280 39,336 44.150 54.09 56,615 50.2IK 69.770 3.560 86.400 98.00 104074 IM 122.19 129.114 135.970 16.80 162.041 1004.5 1991.5 011 0197 14 0371 OW 0J04 0276 15.340 16.259 17.173 18.082 18.987 19. 2074 21.676 22.563 23.446 24.124 25.198 26.06% 26913 27.794 3271 36. 172 42.580 44143 45. 51.726 58.9.99 140 65.802 68.453 72.331 76095 78.543 $0.942 90.074 1.19.581 166.792 180.248 7.394 7.880 16 X.SO 9334 9.817 10100 10.781 11.261 11.741 12.220 12.695 13.175 13.651 14.127 16.962 18.836 22.544 23.463 2478 38.007 52.468 33351 36.848 38376 41.145 46S 45.361 47035 51551 96.113 128334 151.795 36 40 a 50 29 30 36 40 0235 60 70 72 NO 4 50 52 60 70 72 80 0327 0219 0193 0170 0166 0152 0146 ON 0131 0127 0124 OIL 00716 00600 0350 96 100 104 120 240 90 96 100 104 130 240 360 09 ENT ONT