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
. Round your answer to the nearest dollar.
A)
B)
C)
D)
E)
Correct Answer:
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Q86: Use Simpson's Rule to approximate the value
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