Question: Using the interest rate stated, what is the present worth cost for a project that requires the upfront cost given, annual cost listed for 12
Using the interest rate stated, what is the present worth cost for a project that requires the upfront cost given, annual cost listed for 12 years, additional repair cost shown below during year 4 and listed additional repair cost in year 7?
| Interest | Upfront Investment | Annual Cost | Added Repair Cost Year 4 | Added Repair Cost Year 7 |
| 9% | 105,000 | 26,500 | 102,000 | 82,000 |
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