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The city of Kisii in Kenya has contracted K&O Trash Collectors to deal with collection, disposal and recycling of trash. The initial cost was
The city of Kisii in Kenya has contracted K&O Trash Collectors to deal with collection, disposal and recycling of trash. The initial cost was $2,000,000 and an annual cost of $100,000 for as long as the city may need their services (estimated at longer than 40 years). What is the capitalized cost?-The interest rate is 5% for such projects $ (4,000,000.00) $ (1,949,021.28) $ (3,715,908.64) O $ (1,727,564.27)
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