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Asked Sep 23, 2019
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A current highway project is estimated to have an average of $1,000,000 in annual maintenance costs upon completion. What is the capitalized equivalent of the perpetual annual maintenance costs for an account earning 6% annual interest?
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Calculate the capitalized equivalent of the perpetual annual ma...

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Perpetual annual maintenance costs= Annual maintenance costs Annual interest rate S1,000,000 6% $16,666, 666.67

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