Illustrate what are the net benefits of this program

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Suppose the costs of an environmental pollution-control program are expected to be equal to $80 per year, and that benefits will be $50 per year for 50 years, then $150 per year thereafter. At a discount rate of 4 percent, illustrate what are the net benefits of this program? What would the net benefits be at a discount reate of 2 percent? Comment on the difference.

Reference no: EM1349273

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