The cost of maintaining a public monument in Washington, D.C. occurs as periodic outlays of $10,000 every

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The cost of maintaining a public monument in Washington, D.C. occurs as periodic outlays of $10,000 every 5 years. If the first outlay is 5 years from now, the capitalized cost of the maintenance at an interest rate of 10% per year is closest to:

a. $1638

b. $16,380

c. $26,380

d. $29,360

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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