Question: An arithmetic cash flow gradient series equals $700 in year 1, $800 in year 2, and amounts increasing by 5100 per year through year 12.

An arithmetic cash flow gradient series equals $700 in year 1, $800 in year 2, and amounts increasing by 5100 per year through year 12. At = 12% per year, determine the present worth of the cash flow series in year o The present worth of the cash flow series in year is $

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