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
Ask qIf the supply and demand curves for labor are represented by the following equations: Wd= -- (1/100)Ld + 30 Ws= (1/200)Ls Ws=Wd Ld=Ld a. Graph the results and show the equili

Determine the value of the marginal product of labor. Equilibrium in the Labor Market Each firm will hire labor up to the point at that the value of the marginal product of


how to estimate costs?

short run equilibrium of the industry

The benefits of increased openness in trade. Narrowly defined, trade openness is lowering trade barriers - facilitating increased imports - whereas focusing on international ex



Functions of Money Money performs several important functions. It serves as a medium of exchange, a unit of account, a store of value and a standard of deferred payments. In a