In Table 18.1, when r = 0.02, the present value of the cost rises for 68 years

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In Table 18.1, when r = 0.02, the present value of the cost rises for 68 years and then subsequently declines. Why?

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Environmental And Natural Resource Economics

ISBN: 9781032101187,9781000892185

12th Edition

Authors: Tom Tietenberg, Lynne Lewis

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Question Posted: Sep 27, 2024 03:02 AM

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In Table 18.1, when r = 0.02, the present value of the cost rises for 68 years and then subsequently declines. Why?
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In Table 18.1, when r = 0.02, the present value of the cost rises for 68 years

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Environmental And Natural Resource Economics

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