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 = $400,000, r = 5%, m(t) = 20,000, L = 30

A. $830,747.94
B. -$912,675.63
C. -$310,747.94
D. $710,747.94


Answer: D

Mathematics

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A.

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C.

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