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)One type of road surface will cost $12,000 per unit distance. Average annual maintenance is estimated at $300, with resurfacing required every 18 years at

)One type of road surface will cost $12,000 per unit distance. Average annual maintenance is estimated at $300, with resurfacing required every 18 years at a cost of $5000. Find the capitalized cost of perpetual service using an annual interest rate of 4%

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