Initial Cost occurs in year 0
Annual Maintenance Cost starts in year 3 and increases $100 per year Annual Income starts in the year noted and increases at the rate G1 for 5 years, then becomes stable for 3 years and then declines at the rate G2 for 4 years.
Compute the present worth and equivalent annual worth.
Initial Cost: -15348
Ann. Main. Cost: -1509
Ann. Income : 4056
Income begins at year 5
G1 = 5
G2 = -4
Interest rate = 10%