Business
Business, 19.02.2021 01:10, yeehaw777

A hydroelectric dam is projected to produce annual benefits that grow in concert with the regional economic growth rate of 4%. The first benefit amount, $540000, occurs at the end of year 5 (after the dam is constructed and the reservoir fills). Question 1 If the interest rate is 6% and the benefits are assumed to continue growing through year 40 (40-year planning period), what is the present value of benefits (at t

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