Question: An arithmetic cash flow gradient series equals $700 in year 1, $800 in year 2, and amounts increasing by $100 per year through year 12.

An arithmetic cash flow gradient series equals $700 in year 1,

An arithmetic cash flow gradient series equals $700 in year 1, $800 in year 2, and amounts increasing by $100 per year through year 12. At i-8% per year, determine the present worth of the cash flow series in year O. The present worth of the cash flow series in year O is $

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