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The cost of upgrading a section of Grand Loop Road in Yellowstone National Park is $2.2 million. Resurfacing and other maintenance are expected to

The cost of upgrading a section of Grand Loop Road in Yellowstone National Park is $2.2 million. Resurfacing and other maintenance are expected to cost $460,000 every 4 years. What is the capitalized cost of the road at an interest rate of 11% per year? The capitalized cost is determined to be $[

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