1.7. The same salesperson offers you a lump sum of $20,000 in 30 years. How much should...

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1.7. The same salesperson offers you a lump sum of

$20,000 in 30 years. How much should you be willing to pay? (The interest rate is still 9 percent.)

(LO17W-3)

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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