Question: The capitalized cost is given by the following function, where C 0 is the original investment, t is the time in years, r is the

The capitalized cost is given by the following function, where C₀ is the original investment, t is the time in years, r is the annual interest rate compounded continuously, and c(t) is the annual cost of maintenance.

C = C₀ +

n	c(t)e^rt dt

0

Find the capitalized cost C of an asset considering the following information. (Round your answers to the nearest cent.)

C₀	=	$600,000

c(t)	=	$35,000

r	=	0.04

(a) Find the capitalized cost C of an asset for n = 5 years. $

(b) Find the capitalized cost C of an asset for n = 10 years. $

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