Calculus
10th Edition
ISBN: 9781285057095
Author: Ron Larson, Bruce H. Edwards
Publisher: Cengage Learning

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Textbook Question
Chapter 8.8, Problem 82E

Capitalized Cost In Exercises 81 and 82, find the capitalized cost C of an asset (a) for n = 5 years, (b) for n = 10 years, and (c) forever. The capitalized cost is given by

C = C 0 + n 0 c ( t ) e r t d t

where C0 is the original investment, t is the time in years, r is the annual interest rate compounded continuously, and c(t) is the annual cost of maintenance.

C 0 = \$ 650 , 000 c ( t ) = \$ 25 , 000 ( 1 + 0.08 t ) r = 0.06

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