Suppose the capitalized cost C is given by
, where
is the original investment, t is the time in years, r is the annual interest rate compounded continuously, and
is the
annual cost of maintenance. Find the capitalized cost C of an asset forever if ,
, and
. Round your answer to the nearest dollar.
?
A. 702,875
B. 1,972,500
C. 2,040,533
D. 702,900
E. 1,971,875
Answer: E
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Refer to this figure to answer the question.Are
and
the same line?
A. Yes B. No
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A. 9 feet by 15 feet B. 10 feet by 14 feet C. 8 feet by 16 feet D. 8 feet by 14 feet
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