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)676,400
B)1,463,400
C)1,497,141
D)676,420
E)1,463,000

Question

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)676,400 
B)1,463,400 
C)1,497,141 
D)676,420 
E)1,463,000

Quizplus · Accepted Answer

The Answer of 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)676,400 
B)1,463,400 
C)1,497,141 
D)676,420 
E)1,463,000

Suppose the Capitalized Cost C Is Given by ,Where