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You want to open a new business but for the rst 3 years you wont make any income as it takes time for the paperwork

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You want to open a new business but for the rst 3 years you wont make any income as it takes time for the paperwork and approvals to process. After your business is up and running. you will make $75,000 per year forever. What is the capitalized cast of the income at 8% per year? What does the capitalized cost represent in layman terms

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