A satellite launch facility requires an initial investment of $103 Million, and extra re-investment after...
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Accounting
A satellite launch facility requires an initial investment of $103 Million, and extra re-investment after every decade of operation equal to $67. The annual operating cost of the facility (excluding direct launch costs) is $15 Million. Capital to fund the launch facility is provided by the government at an interest rate of 4.9% What is the capitalised cost of the satellite launch facility
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