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A road is to be resurfaced every 20 years at a cost of $10,000. The first resurfacing will occur 20 years from now. At 10%

A road is to be resurfaced every 20 years at a cost of $10,000. The first resurfacing will occur 20 years from now. At 10% interest, what is the capitalized cost of the resurfacing expense?

	A.	$1,750
	B.	$24,412
	C.	$17,500
	D.	$9,441
	E.	$94,050

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