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Remaining Time: 42 minutes, 13 seconds Question completion Status Question NEC A car manufacturing group has purchased an accounting software for annual payments of 10000, paid at the end of each year for 10 years. Starting at the end of year 2. the payment will be increased by $500 for annual maintenance cost. Assume an interest rate of Select the closest correct answers for the below questions from the answer's options provided What is the present worth of base amount What is the present worth of gradient amount . How much should be set aside now to pay for the purchase and maintenance . What is the equivalent annual cost? 11 114500 12.07 MacBook Pro
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