The maintenance costs for a certain machine

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The maintenance costs for a certain machine are $1,600.00 per year for the first 6 years and $2,400.00 per year for the next 7 years. At a interest rate of 6% per year, the present worth of the maintenance is closest to? Show work using factors in the format: ex.(P/A,i,n)

Reference no: EM13809206

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