The cost of maintaining a permanent monument is expected to be $70,000 now and $70,000 every 10

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The cost of maintaining a permanent monument is expected to be $70,000 now and $70,000 every 10 years forever. At an interest rate of 10% per year, the capitalized cost is nearest:

(a) $−11,393

(b) $−58,930

(d) $−113,930

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 10:10 AM

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The cost of maintaining a permanent monument is expected to be $70,000 now and $70,000 every 10

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d The correct answer is d 113930 Capitalized Cost Present Value of all the payments ...View the full answer

Engineering Economy

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