Question: Save Answen Question 9 An engineering technology group has purchasod CAD softwae with annual payments of $15000, paid at the and of each year for
Save Answen Question 9 An engineering technology group has purchasod CAD softwae with annual payments of $15000, paid at the and of each year for 10 years, Starting at Pe end of year 2, the payment wil be increased by $400 per year for annual maintenance and upgrades Asume an intorest rate of 6% Match the closest comect answers for the below questions A ($14801 what is the present worth of base amounth 8.511,841 What is the presert worth of gradent amout How much should be set aside now to pay for the purchase of the sotware and the maintenance and spgrade cout C $122 242) D I$110,401) What is te equivalont aneual cost for the overal software impementation urchase, maintenance and upgrades) E $12.011 F I51,084 HS16,009 a elc Question 9 of 15 Question 9 8 points Save Answ An engineering technology group has purchased CAD sotware with annual payments of $15000, paid at the end of each year for 10 years. Starting at the end of year 2, the payment wil be increased by $400 per year for anrual maintenance ard uporades Assume an intorest rate of 6%. Match the closest correct answers for the below questions A 514,801 What is the present worth of base amount B.$11,841 What is the present worth of gradent amount? -How much should be set aside now to pay for the purchase of the software and the maintenance and upgrade cost? C.$122.242 D. $110,401) What is the equivalent annual cest for the overall software implementation purchase, maitenance and upgrades) ? E $12.011) F 31,004) a saan HS16.600
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