If the real discount rate is 7 percent and the inflation rate is 10 percent, which of

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If the real discount rate is 7 percent and the inflation rate is 10 percent, which of the following interest rates will be used to find the present worth of a series of cash flows that are in constant-worth dollars?

a. 10 percent

b. 17.7 percent

c. 7 percent

d. 10.7 percent

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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