The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through

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The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $500,000. If the gradient increase each year, G, is $3,000, determine the cash flow in year 1 at an interest rate of 10% per year.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 11, 2018 01:07 PM

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The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through

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Engineering Economy

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