7 The Pretzel Co purchased a new machine for their factory

Last updated: 3/8/2024

7 The Pretzel Co purchased a new machine for their factory today The machine requires maintenance at the following rates for the first 6 years Year Maintenance Cost 0 0 1 0 2 1500 3 1750 4 1900 5 6 2300 2500 If the bank pays interest at 9 how much must Pretzel Co set aside today to meet the maintenance costs for the next 6 years