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The DNR estimates the following campground development costs per unit: Assuming the DNR must earn a 5% real rate of return, what is the minimum
The DNR estimates the following campground development costs per unit: Assuming the DNR must earn a 5% real rate of return, what is the minimum annual recreation value this campground must yield in perpetuity to justify the above costs? Given a 5% interest rate and assuming that the campground will be used 150 nights each year, what will be the average cost per group night
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