The cost of extending Park Road PR2 in Yellowstone National Park is $1.7 million. Resurfacing and other
Question:
The cost of extending Park Road PR2 in Yellowstone National Park is $1.7 million. Resurfacing and other maintenance is expected to cost
$350,000 every 3 years. What is the capitalized cost of the road extension at an interest rate of 6%
per year?
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