Question: The maintenance cost for a certain machine is $1,000 per year for the first 5 years and $2,500 per year for the next 5 years.

The maintenance cost for a certain machine is $1,000 per year for the first 5 years and $2,500 per year for the next 5 years. At an interest rate of 8% per year, the annual worth in years 1 through 10 of the maintenance cost is closest to

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