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1. What legitimate state interest might override federal interest in the free flow of interstate commerce, how courts blance competing interests, and finally what impact the doctrine might have on the ability of states to regulate environmental issues?

2. You are offered ?$110,000 today or ?$400,000 in 15 years. Assuming that you can earn 16 percent on your? money, which should you? choose? If you are offered ?$400,000 in 15 years and you can earn 16 percent on your? money, what is the present value of ?$400,000?.

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