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Find the capitalized cost of a present cost of $300,000, annual costs of $35,000, and periodic costs every 5 years (starting from year 5) of $75,000. Use an interest rate of 12% per year. (Infinite Life time project) O a) $-140,000 O b) $-810,100 OC) $-720,400 O d) $-690,048

Find the capitalized cost of a present cost of $300,000, annual costs of $35,000, and periodic costs every 5 years (starting from year 5) of $75,000. Use an interest rate of 12% per year. (Infinite Life time project) O a) $-140,000 O b) $-810,100 OC) $-720,400 O d) $-690,048

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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Find the capitalized cost of a present cost of $300,000, annual costs of $35,000, and periodic costs every 5 years (starting from year 5) of $75,000. Use an interest rate of 12% per year. (Infinite Life time project) O a) $-140,000 O b) $-810,100 Oc) $-720,400 O d) $-690,048
Transcribed Image Text:Find the capitalized cost of a present cost of $300,000, annual costs of $35,000, and periodic costs every 5 years (starting from year 5) of $75,000. Use an interest rate of 12% per year. (Infinite Life time project) O a) $-140,000 O b) $-810,100 Oc) $-720,400 O d) $-690,048
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