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) $1,031,414
B) $661,820
C) $1,031,443
D) $1,031,429
E) $687,820
Correct Answer:
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