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Original Investment tt Is the Time in Years rr Is the Annual Interest Rate Compounded Continuously, And

Question 77

Multiple Choice

 Suppose the capitalized cost C is given by C=C0+0nc(t) endt, where C0 is the \text { Suppose the capitalized cost } C \text { is given by } C = C _ { 0 } + \int _ { 0 } ^ { n } c ( t ) e ^ { - n } d t \text {, where } C _ { 0 } \text { is the } original investment, tt is the time in years, rr is the annual interest rate compounded continuously, and c(t) c ( t ) is the annual cost of maintenance. Find the capitalized cost CC of an asset forever if C0=670,000,c(t) =22,000C _ { 0 } = 670,000 , c ( t ) = 22,000 , and r=0.09r = 0.09 . Round your answer to the nearest dollar.


A) $914,433\$ 914,433
B) $671,980\$ 671,980
C) $914,456\$ 914,456
D) $914,444\$ 914,444
E) $693,980\$ 693,980

Correct Answer:

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