9.3 (LG 9.1, 9.2) 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

9.3 (LG 9.1, 9.2) 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

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

the answer to this question is Q9.3=, a = $316.12, b = €506.16, c = $9.24, d = $160 182, e = £1.659 x 10^34,

f = $0.06

we just need to find how we get that answer for this question, please help NO EXCEL

9.3 (LG 9.1, 9.2) 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

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