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Manipulating a Present Value Simulation
An analyst is using a spreadsheet to model the present value of a long-term environmental project. The tool allows them to input a custom discount rate. Their initial run uses a 6% discount rate. They now wish to adjust the model to reflect a greater ethical weight on the well-being of generations 100 years in the future. What specific adjustment should they make to the 6% discount rate, and how will this change affect the calculated present value of the project's future benefits?
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CORE Econ
Introduction to Microeconomics Course
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