Question: Show all work. The answer must include PAINFG and the cash flow diagrams. P= Present value (this value is not used in this problem) A

Show all work.

The answer must include PAINFG and the cash flow diagrams.

P= Present value (this value is not used in this problem) A = Annuity; this is the value that is given in this problem i = Effective interest rate n = Number of payments F = Future value; this is the value that we want to find in this problem (F= ?) G = Gradient value (this value is not used in this problem)

  1. Mary forgot that the RV needs maintenance and upkeep of the 20 years she owns the RV.If the annual cost of O&M is $3,000 per year, what is the present value of the maintenance (assume 3% inflation)?

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