Answer:
Data provided in the question
Initial construction cost = $17,000
Annual maintenance cost = $1,000
The discount rate = 5%
So, by considering the above information the withdrawn amount is
= Initial construction cost + Annual maintenance cost ÷ discount rate
= $17,000 + $1,000 ÷ 5%
= $17,000 + $20,000
= $37,000
Step-by-step explanation: