To maintain its newly acquired equipment, the company needs 40,000.00 per year for the first 5 years and 60,000.00 per year for the next 5 years. In addition, an amount of 140,000.00 would also be...

To maintain its newly acquired equipment, the company needs 40,000.00 per year for the first 5 years and 60,000.00 per year for the next 5 years. In addition, an amount of 140,000.00 would also be needed at the end of the fifth and eight years. At 6%, what is the present worth of these costs?