Question

The capitalized cost of an asset is given by where is the original investment, is the time in years, is the annual interest rate compounded continuously, and is the annual cost of maintenance (in dollars). Find the capitalized cost of an asset (a) for 5 years, (b) for 10 years, and (c) forever.
A) a. For $253,901.30 b. For $807,922.43 c. For $4,466,666.67
B) a. For $453,901.30 b. For $807,922.43 c. For $1,466,666.67
C) a. For $453,901.30 b. For $2807,922.43 c. For $4,466,666.67
D) a. For $453,901.30 b. For $807,922.43 c. For $4,466,666.67
E) a. For $453,901.30 b. For $807,922.43 c. For $466,666.67

Answer

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