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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

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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 cost) of $110,000. Annual maintenance expenses are expected to be $6,650 for the first 15 years and S9,500 for each year hereafter. The ghting will be needed for an indefinitely on g pe d of time. With an interest rate of 10% per year, what is the capitalized cos of his pro ect? 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 $132,742. O B. The capitalized cost of the project is $232,838. O C. The capitalized cost of the project is $183,323 D. The capitalized cost of the project is $160.580

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