The single equivalent discount rate of 9/5/4 is 0.17008.

Name: The single equivalent discount rate of 9/5/4 is 0.17008.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The single equivalent discount rate is calculated as (1 - (1 / (1 + r1) * (1 + r2) * (1 + r3))), where r1, r2, and r3 are the individual discount rates. In this case, the single equivalent discount rate is (1 - (1 / (1 + 0.09) * (1 + 0.05) * (1 + 0.04))) = 0.17008.

The Single Equivalent Discount Rate of 9/5/4 Is 0.17008