The capitalized cost of an initial investment of $200,000 and annual investments of $30,000 forever at an
Question:
The capitalized cost of an initial investment of $200,000 and annual investments of $30,000 forever at an interest rate of 10% per year is closest to:
(a) $−230,000
(b) $−300,000
(c) $−500,000
(d) $−2,300,000
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