maya4321
maya4321
23.02.2021 • 
Business

A hydroelectric dam is projected to produce annual benefits that grow in concert with the regional economic growth rate of 3%. The first benefit amount, $552000, occurs at the end of year 5 (after the dam is constructed and the reservoir fills). Question 1 If the interest rate is 9% and the benefits are assumed to continue growing through year 50 (50-year planning period), what is the present value of benefits (at t

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