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06-06-2023
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A road is to be resurfaced every 20 years at a cost of $10,000. The first resurfacing will occur 20 years from now. At 10% interest, what is the capitalized cost of the resurfacing expense? OA $1,750 8. $24,412 OC $17,500 OD. $9,441 OE. $94,050

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