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Mr. Dubey • 89.33K Points
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Q. A newly constructed water treatment facility cost $2 million. It is estimated that the facility will need renovating every 30 years at a cost of $1 million. Annual repairs and maintenance are estimated to be $100,000 per year. At an interest rate of 6%, determine the capitalized cost of the facility.

(A) 3579806
(B) 3877482
(C) 4301205
(D) 3360343
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