The capitalized cost of an initial investment of $200,000 and annual investments of $30,000 forever at an interest rate of 10% per year is closest to:
(a) $?230,000
(b) $?300,000
(c) $?500,000
(d) $?2,300,000
CC = -200,000 - 30,000/0.10
= $-500,000
Answer is (c) $?500,000
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