What is the discounted present value of the given tree


Problem

(Advanced) The table titled Discounted Present Value Exercise provides information about the crop from an orange tree as well as the interest rate for a tree that lives four years. Assume that the price of oranges is $1 in the first year and then increases at 10 percent per year. What is the discounted present value of this tree?

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Macroeconomics: What is the discounted present value of the given tree
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