The cost of painting the public bridge is $4000. If the bridge is painted now and every 2 years, what is the capitalized cost of painting at an interest rate of 6%per year?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The cost of painting the public bridge is $4000. If the bridge is painted now and every 2 years, what is the capitalized cost of
painting at an interest rate of 6%per year?
Select one:
O a. 25265
Ob.36363
Oc 28340
Od. 5300
O e.21769
Transcribed Image Text:The cost of painting the public bridge is $4000. If the bridge is painted now and every 2 years, what is the capitalized cost of painting at an interest rate of 6%per year? Select one: O a. 25265 Ob.36363 Oc 28340 Od. 5300 O e.21769
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