Determine the capitalized cost after 6 years of life for an alternative with an initial cost of $55,000, annual maintenance

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Determine the capitalized cost after 6 years of life for an alternative with an initial cost of $55,000, annual maintenance

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Determine the capitalized cost after 6 years of life for an alternative with an initial cost of $55,000, annual maintenance costs of $12,000, and a scrap value of $8,000. Use an annual interest rate of 8%.

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To determine the capitalized cost after 6 years of life for the alternative we need to calculate the

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