You are to receive $100 a year for the next 40 years. How much is it worth

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You are to receive $100 a year for the next 40 years. How much is it worth now if the current interest rate in the economy is 6 percent?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 05:04 AM

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You are to receive $100 a year for the next 40 years. How much is it worth

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Hence for final analysis we can say ...View the full answer

Macroeconomics

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