Question
A beautiful garden in the city costs $25,000 per year for as long as the garden exists. The interest rate of 6% per year.
A beautiful garden in the city costs $25,000 per year for as long as the garden exists. The interest rate of 6% per year. Draw a representative cash flow diagram to indicate the timeline goes for many years (use dot dot dot to indicate infinite A) Calculate the capitalized cost of the garden Do not lose points on this HW please. Please submit a DOCX or a PDF. Grading is based on your complete and clear work based on the equations provided in Chapter 1. You may use Excel to check your work but to get a grade, you must show the correct equation and all the numbers used to get your answer. Please use a ruler if you need but the cash flow diagram should look beautiful since we are in a mechanical engineering program. It must be hand drawn (free hand or using a ruler).
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