Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expected to average $5000 per year beginning in Year 6 when the warranty expires. Determine the present worth of the crane's repair costs over its 15-year life. The interest rate is 10%.

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.