Street lighting fixtures and their sodium vapor bulbs for a two block area of a large city need to be installed at a first cost of 111,308. Annual maintenance expenses are expected to be 6,947 for the first 19 years and 8,326 for each year thereafter. The lighting will be needed for an indefinitely long period of time. With an interest rate of 9 percent per year, what is the capitalized cost of this project . Supply answer with no $ and a precision to the nearest cent. in on
Street lighting fixtures
August 8th, 2017 admin