The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8 at an interest rate of 10% per year is closest to:

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Lawson Price

Mathematics

29 January, 12:26

The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8 at an interest rate of 10% per year is closest to:

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Addyson Good · Answer 1

The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8 at an interest rate of 10% per year is closest to:

Answer = $75,182