A newly constructed bridge costs 915,000,000. The same bridge is estimated to need renovation every 1-5 years at a cost of $3,000,000. Annual repairs and maintenance are estimated to be $1,000,000 per year. (a) If the interest rate is 570, determine the capitalized.cost of the bridge. (b) Suppose that in (a), the bridge must be renovated evety 20 years, not every 15 years. What is the capitalized cost of the bridge? (c) Repeat (a) and (b) with an interest rate of 10%. what can you say about the effect of interest on the results? $37,780,537 O $36,814,555 $25,944,213 $28,514,874 O $33,517,954 $29,150,218 0 $21,195,648 $23,418,548 A newly constructed bridge costs 915,000,000. The same bridge is estimated to need renovation every 1-5 years at a cost of $3,000,000. Annual repairs and maintenance are estimated to be $1,000,000 per year. (a) If the interest rate is 570, determine the capitalized.cost of the bridge. (b) Suppose that in (a), the bridge must be renovated evety 20 years, not every 15 years. What is the capitalized cost of the bridge? (c) Repeat (a) and (b) with an interest rate of 10%. what can you say about the effect of interest on the results? $37,780,537 O $36,814,555 $25,944,213 $28,514,874 O $33,517,954 $29,150,218 0 $21,195,648 $23,418,548