Question: Remaining Time: 1 hour, 23 minutes, 56 seconds Question Completion Status: A chemical group has purchased painting machine with annual payments of AED 22.000, paid
Remaining Time: 1 hour, 23 minutes, 56 seconds Question Completion Status: A chemical group has purchased painting machine with annual payments of AED 22.000, paid arvually for 11 years. Starting at the end of year 2. the payment will be increased by AED 800 per year. Assume an interest rate of 8% Select the closest correct answers for the below questions from the answer's options provided below: What is the present worth of base amount? A. AED 24,543.82 What is the present worth of gradient amount? B.AED 17,512.95 What is the equivalent annual cost for the overall C. AED 18,159.42 cost? D. AED 146,345.12 E. AED 157,058.21 F. AED 29,715.1 Remaining Time: 1 hour, 23 minutes, 56 seconds Question Completion Status: A chemical group has purchased painting machine with annual payments of AED 22.000, paid arvually for 11 years. Starting at the end of year 2. the payment will be increased by AED 800 per year. Assume an interest rate of 8% Select the closest correct answers for the below questions from the answer's options provided below: What is the present worth of base amount? A. AED 24,543.82 What is the present worth of gradient amount? B.AED 17,512.95 What is the equivalent annual cost for the overall C. AED 18,159.42 cost? D. AED 146,345.12 E. AED 157,058.21 F. AED 29,715.1
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