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Business, 18.02.2021 22:30 johndous3698

A dam is being built that will cost $500,000. The dam will cost $20,000 per year to operate and will require a maintenance expense of $30,000 every other year beginning two years from now. The dam is expected to last 30 years. If interest is 12%, calculate the capitalized cost. This is the present equivalent assuming the dam will need to last forever.

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A dam is being built that will cost $500,000. The dam will cost $20,000 per year to operate and will...
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