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Business, 03.05.2021 23:00 shiny9362

A city government is planning to installa sewage line at a cost $10M. It is estimated that the line wouldhave a life of about 50 years. The city government would be able to have this line replaced at the same cost every 50 years so that the service will continue forever. The estimated salvage value of the line is about $2M. Determine the capitalized cost if the interest rate is 9%.

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A city government is planning to installa sewage line at a cost $10M. It is estimated that the line...
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