Question: A computer platform requires $220,000 initial investment and additional $70,000 after 10 years. The annual software maintenance costs are $4,000 for the first 4

A computer platform requires $220,000 initial investment and additional $70,000 after 10

A computer platform requires $220,000 initial investment and additional $70,000 after 10 years. The annual software maintenance costs are $4,000 for the first 4 years and $17,000 thereafter. In addition, there is expected to be a recurring major upgrade cost of 21,000 every 13 years. Assuming 5% interest rate, calculate the capitalized value of the project's costs

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