Find the present worth today in real value corresponding to the cur-rent values shown below for a 4 percent inflation rate and a 4 percent interest rate.9.3a. $400 three years from nowb. $400 three years agoc. $10 next yeard. $350 983 in 10 years from nowe. £l one thousand years agof. $1 000 000 000 three hundred vears from now

Given inflation rate = 4 % Interest rate = 4 % Real interest rate = nominal rate – inflation rate =…

Find the present worth today in real value corresponding to the cur- rent values shown below for a 4 percent inflation rate and a 4 percent interest rate. a. $400 three years from now b. $400 three years ago c. $10 next year d. $350 983 in 10 years from now e. £l one thousand years ago f. $1 000 000 000 three hundred years from now

Find the present worth today in real value corresponding to the cur- rent values shown below for a 4 percent inflation rate and a 4 percent interest rate. a. $400 three years from now b. $400 three years ago c. $10 next year d. $350 983 in 10 years from now e. £l one thousand years ago f. $1 000 000 000 three hundred years from now

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Find the present worth today in real value corresponding to the cur-
rent values shown below for a 4 percent inflation rate and a 4 percent interest rate.
9.3
a. $400 three years from now
b. $400 three years ago
c. $10 next year
d. $350 983 in 10 years from now
e. £l one thousand years ago
f. $1 000 000 000 three hundred vears from now

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