Question: An arithmetic gradient series cash flows equal $ 5 0 0 in year 1 , $ 8 0 0 in year 2 , and amounts

An arithmetic gradient series cash flows equal $500 in year 1, $800 in year 2, and amounts increasing by $200 per year through year 5. At i =8% per year, determine the present worth of the cash flow series in year 0. Multiple choice question. $3,720.25 $3,664.26 $3,555.92 $3,777.52

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