39labour econ

Question 39 _ pts In the context of discounted present value, under what conditions can the sum of the income earned in each period divided by the discounting factor be replaced by the payment divided by the rate of interest? O When the interest rate is high When the stream of payments is collected over a long period of time When the payments are variable over time When the costs of obtaining the education are zero I ProctorioE #175. 21 astv N MacBook Pro