1821 O 111% Example: Capitalized Cost A system has an installed cost of $150,000 and an additional cost of $50,000 after 10 years. The annual software maintenance contract cost is $5000 for the first 4 years and $8000 there after. In addition, there is expected to be a recurring major upgrade cost of $15,000 every 13 years. Assume that i is 5% per year for county funds. 5 per year LE 1821 O 111% Example: Capitalized Cost A system has an installed cost of $150,000 and an additional cost of $50,000 after 10 years. The annual software maintenance contract cost is $5000 for the first 4 years and $8000 there after. In addition, there is expected to be a recurring major upgrade cost of $15,000 every 13 years. Assume that i is 5% per year for county funds. 5 per year LE