Microeconomics (2nd Edition) (Pearson Series in Economics)
Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
Question
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Chapter 15, Problem 4P

(a)

To determine

Net present value at different interest rate.

(b)

To determine

Highest interest rate at which an individual will be willing to purchase the machine.

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