Compute the discount factor 1/(1 + r)t for r = 1, 5, or 10 percent interest rates

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Compute the discount factor 1/(1 + r)t for r = 1, 5, or 10 percent interest rates and t = 30 and 50 years. Remember that 1 percent is 0.01. Based on your computation, is the choice of discount factor important for deciding whether to do something about global warming today? Why or why not?
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The Economics Of The Environment

ISBN: 9780321321664

1st Edition

Authors: Peter Berck, Gloria Helfand

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