Business, 03.06.2021 23:40, AptAlbatross

A city government is planning to install a sewage line at a cost $10M with an estimated life of 50 years and an estimated salvage value of $2M. Assume that the line may be replaced at the same cost every 50 in perpetuity. Determine the capitalized cost if the interest rate is 9%Choose the most appropriate answer from the choices below. A. $8.2M
B. $10.1M
C. $12M
D. None of these

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A city government is planning to install a sewage line at a cost $10M with an estimated life of 50 y...