Investment in flood control infrastructure - present value, Microeconomics

1. An investment in flood control infrastructure  today will generate $1,000,000 in benefits 10 years from today. Using a 3% discount rate what is the present value of these benefits today (to the nearest dollar)?

a.  $744,094

b.  $722,421

c.  $1,343,916

d.  $970,874 

Posted Date: 3/22/2013 7:03:08 AM | Location : United States







Related Discussions:- Investment in flood control infrastructure - present value, Assignment Help, Ask Question on Investment in flood control infrastructure - present value, Get Answer, Expert's Help, Investment in flood control infrastructure - present value Discussions

Write discussion on Investment in flood control infrastructure - present value
Your posts are moderated
Related Questions
(i) Define the three types of price discrimination, clearly stating the different information requires of each type of discrimination. (ii) Find a real-world example of second-degr

Commodities that are viewed as luxuries typically have price elastic demand, and commodities that are requirements have price inelastic demand.  There is easily no substitute for a

Q. What is Free Trade Agreements? Free Trade Agreements:It is an agreement between two or more countriesthat eliminates tariffs on trade between the countries, reduces non-tari

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

(i). A firm's costs are 500 when output is 100. If the TC function is linear and fixed cost (FC) are 200, find the marginal cost when Q = 4, 5 and 6. (ii). The following are est

the basics in micro economics

Problem 1: i) ‘There is a trade-off between inflation and unemployment.' Do you agree with this statement? Justify your example using appropriate diagrams. ii) Mauritius is

If Kansas can formed either 400 tons of wheat or 100 tons of corn and Nebraska can formed 300 tons of corn or 200 tons of wheat then it makes sense for the two states to specialize

Discuss how the opportunity cost principle influence a supplier''s decision to supply labour

The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une