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A road is to be constructed. The following are the costs for one of the alternatives. . Construction cost $3,500,000 Maintenance cost $25,000 every two

image text in transcribed A road is to be constructed. The following are the costs for one of the alternatives. . Construction cost $3,500,000 Maintenance cost $25,000 every two years Renovation cost-125,000 every 10 years Find the capitalized cost if the interest rate is 8%

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