Find the capitalized cost of a present cost of $300,000, annual costs of $35,000 for more than 50 years (infinite life-time). Use an interest rate of 12% per year. O a) -420,660

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Can some one please help me to answer the following question. PLEASE AND THANK YOU!!!!
Find the capitalized cost of a present cost of $300,000, annual costs of $35,000 for
more than 50 years (infinite life-time). Use an interest rate of 12% per year.
O a) -420,660
O b) -591,667
Oc) -335,050
d) -690,050
Transcribed Image Text:Find the capitalized cost of a present cost of $300,000, annual costs of $35,000 for more than 50 years (infinite life-time). Use an interest rate of 12% per year. O a) -420,660 O b) -591,667 Oc) -335,050 d) -690,050
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