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Econ 340, Fall 2011 Problem Set 2 Chapter 3: Questions 12, Quantitative Problems 13, 11, 13, 14. 1. $$2000100/(1 + i) + $100/(1 + i)2 +. . . + $100/(1 + i)20 + $1000/(1 + i)20. 2. If there is a decline
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