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Question
you are evaluating a water softening system for a research laboratory on the base, comparing several systems to each other. all of the analyzed systems should last 17 years. the tasteesweet® system has a well-established reputation for performance. it is known to cost $3100 in maintenance for the first year (replacing chemicals and adjusting controls), with an expected annual increase of 2.8% across its life as it ages.
step 1: what is the term of analysis?
note: enter your answer only using numbers such as \1,234.56.\ do not use any characters (e.g. $, %, or years). likewise, do use commas to discriminate thousands and millions, and do use periods as decimal points. (us standard)
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Step 1: What is the term of analysis? <blank>17</blank>