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A flood control project at Pleasant Valley dam is projected to cost $2,370,000 today, have annual maintenance costs of $51,000, and have major inspection and

A flood control project at Pleasant Valley dam is projected to cost $2,370,000 today, have annual maintenance costs of $51,000, and have major inspection and upkeep after each 6-year interval costing $260,000. If the interest rate is 9%/year.

Determine the capitalized cost of Annual Maintenance

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