Calculate the present value of the following sequence of willingness to pa amounts: Year 0 = $100 %3D Year 1 = $150 %3D Year 2 = $150

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Calculate the present value of the following sequence of willingness to pay
amounts:
Year 0 = $100
Year 1 = $150
Year 2 = $150
Year 3 = $50
%3D
Using a 8% discount rate. You must do this math by hand showing the values
calculated for each year and including the final present value. Upload a
picture of your work below.
Transcribed Image Text:Calculate the present value of the following sequence of willingness to pay amounts: Year 0 = $100 Year 1 = $150 Year 2 = $150 Year 3 = $50 %3D Using a 8% discount rate. You must do this math by hand showing the values calculated for each year and including the final present value. Upload a picture of your work below.
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