Question: An arithmetic cash flow gradient series equals $550 in year 1,$650 in year 2 , and amounts increasing by $100 per year through year 9.

An arithmetic cash flow gradient series equals $550 in year 1,$650

An arithmetic cash flow gradient series equals $550 in year 1,$650 in year 2 , and amounts increasing by $100 per year through year 9. At i=8% per year, determine the present worth of the cash flow series in year 0 . The present worth of the cash flow series in year 0 is $

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