A geometric gradient that increases at f = 6% per year for 15 years is shown in

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A geometric gradient that increases at f̅ = 6% per year for 15 years is shown in the accompanying diagram. The annual interest rate is 12%. What is the present equivalent value of this gradient?

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Engineering Economy

ISBN: 978-0133439274

16th edition

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

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Question Posted: Dec 03, 2018 12:23 PM

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A geometric gradient that increases at f = 6% per year for 15 years is shown in

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Engineering Economy

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