Question: For the cash flow diagram shown below, receipts are equivalent to disbursements. Calculate the gradient of the geometric series if the interest rate is 20%

 For the cash flow diagram shown below, receipts are equivalent to

For the cash flow diagram shown below, receipts are equivalent to disbursements. Calculate the gradient of the geometric series if the interest rate is 20% compounded annually. (Hint: g > 40%). 340 120

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