Multiple Choice
Find the capitalized cost C of an asset forever.The capitalized cost is given by where
is the original investment,t is the time in years,
is the annual interest rate compounded continuously,n is the total time in years over which the asset is capitalized,and
is the annual cost of maintenance (measured in dollars) .Round your answer to two decimal places.
A) $1,325,000
B) $1,075,000
C) $1,099,218.75
D) $908,333.33
E) $1,047,222.22
Correct Answer:

Verified
Correct Answer:
Verified
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