Determine the present worth (at time 0) of the following series of cash flows using a geometric

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Determine the present worth (at time 0) of the following series of cash flows using a geometric gradient. The real interest rate is 5% per year.

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: May 17, 2016 06:02 AM

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Determine the present worth (at time 0) of the following series of cash flows using a geometric

Question:

6 25 EOY Cash Flow $1,000 $1,100 $1210 $1,331 $8,140 4

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The average rate of inflation is 10 p...View the full answer

Engineering Economy

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