Question: Compute the discount factor 1/(1 + r)t for r = 1, 5, or 10 percent interest rates and t = 30 and 50 years. Remember

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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1101 30 07419 1101 50 06080 1105 30 02314 1105 50 00872 1110 30 00573 1110 50 00085 ... View full answer

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