The capitalized cost c of an asset is computed by the formula c = c0 + 
,where c0 is the initial cost of the asset, L is the lifetime (in years), r is the interest rate (compounded continuously), and m(t) is the annual cost of maintenance. Find the capitalized cost under the given assumptions.c0 = $500,000, r = 5%, m(t) = 50,000, L = 20
A. -$632,120.56
B. $1,282,120.56
C. -$1,118,281.83
D. $1,132,120.56
Answer: D
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