Exam (elaborations)
ECON 102 Quiz 3
- Course
- ECON 102 Quiz 3 (ECON_102)
- Institution
- American Public University
ECON 102 Quiz 3. Suppose that the real return on assets is 4% forever. Approximately what is it worth to have a gift from your grandparents when you are young that pays $2000 a year until you die: a. About $2,000 b. About $5,000; c. About $120,000 if you expect to live for another 60 years; d...
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