ligthing first cost of investment is $120,000. annual mtnce expenses are expected to be $6600 for the first 22 years and $9000 for each year thereafter. N=infinety amt of time, interest,i=12% per year, what is the capatalized cost of this project? the annuity table for value N=22 as follows: F/P=12.1003 P/F=.0826 P/A=7.6446

ENGR.ECONOMIC ANALYSIS
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ligthing first cost of investment is $120,000. annual mtnce expenses are expected to be $6600 for the first 22 years and $9000 for each year thereafter. N=infinety amt of time, interest,i=12% per year, what is the capatalized cost of this project?

the annuity table for value N=22 as follows:

F/P=12.1003

P/F=.0826

P/A=7.6446

I tried mutliple ways to show and I can't figure it out.  the answer is $176,653.  Any suggestions is greatly appreciated.  Thanks

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