Question: An arithmetic cash flow gradient series equals $850 in year 1,$950 in year 2 , and amounts increasing by $100 per year through year 15.

An arithmetic cash flow gradient series equals $850 in year 1,$950

An arithmetic cash flow gradient series equals $850 in year 1,$950 in year 2 , and amounts increasing by $100 per year through year 15. At i=14% 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 $ x

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