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Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment
Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment cost) of $100,000. Annual maintenance expenses are expected to be $6,500 for the first 15 years and $10,000 for each year thereafter. The lighting will be needed for an indefinitely long period of time with an interest rate of 10% per year, what is the capitalized cost of this pr ? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 10% per year. Choose the closest answer below. O A. The capitalized cost of the project is $149,440 O B. The capitalized cost of the project is $225,500. O C. The capitalized cost of the project is $123,939 O D. The capitalized cost of the project is $173,379
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