stormz1630 stormz1630
  • 14-04-2020
  • Business
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A flood control project at Pleasant Valley dam is projected to cost $2,000,000 today, have annual maintenance costs of $50,000, and have major inspection and upkeep after each 5-year interval costing $250,000. If the interest rate is 10%/year, what is the total capitalized cost of the project?

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chamberlainuket
chamberlainuket chamberlainuket
  • 16-04-2020

Answer:

$2,909,500

Explanation:

See attached file

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