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A park will need $5,000,000 first cost, annual maintenance and operating cost $150,000 per year and...

A park will need $5,000,000 first cost, annual maintenance and operating cost $150,000 per year and recurring cost of $300,000 every 10 years. The park is considered to have a infinite life. What is the Capitalized Cost of this park project if the annual interest rate is 10% per year.

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