The cost of maintaining a certain permanent monument in Washington, DC occurs as periodic outlays of $2000 every year, $5000 every 3 years. Calculate the capitalized cost of the maintenance using an...

The cost of maintaining a certain permanent monument in Washington, DC occurs as periodic outlays of $2000 every year, $5000 every 3 years. Calculate the capitalized cost of the maintenance using an interest rate of 8% per year.

a) $ 44, 252.09

b) $ 24, 406.29

c) $ 20, 773.54

d) $ 35, 105.74