Question: Solve using dynamic programming. Will downvote if not solved using dynamic programming method. Please solve by hand with steps. NOT using a coding software 1.

Solve using dynamic programming. Will downvote if not solved using dynamic programming method. Please solve by hand with steps. NOT using a coding software Solve using dynamic programming. Will downvote if not solved using dynamic programming

1. [10 marks] it costs $10,000 to buy a spectrum analyzer that lasts a maximum of five years, and the estimated maintenance cost in each year of ownership are shown in the table below. The table also shows the trade-in value for the old analyzer if it is replaced after that many years of service. You need to buy an analyzer right now. What is the cheapest policy for buying and replacing analyzers over the next six years? Use Dynamic Programming methods to solve this

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