A newly constructed water treatment facility cost $2 million. It is es – McqOptions

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1.	A newly constructed water treatment facility cost $2 million. It is estimated that the facility will need renovating every 30 years at a cost of $1 million. Annual repairs and maintenance are estimated to be$100,000 per year. At an interest rate of 6%, determine the capitalized cost of the facility.
A.	3579806
B.	3877482
C.	4301205
D.	3360343
Answer» C. 4301205

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