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You work for the City of Lubbock. You are tasked with evaluating a new plan for leasing the energy produced by wind turbines at the
You work for the City of Lubbock. You are tasked with evaluating a new plan for leasing the energy produced by wind turbines at the Mustang Field to help offset some of the electrical costs of the city. The proposed lease is 55 years at an interest rate of 3% with a proposed cost of $6.88 million. What are your capitalized costs associated with this proposed project? $8,554,113 A. B. $256,624 $1,353,984 $45,132,800
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