Question: What is the present value of the declining uniform gradient series that has end of first-year payment of $9,000 declining by 10% per year to

What is the present value of the declining uniform gradient series that has end of first-year payment of $9,000 declining by 10% per year to year 10 with an interest rate of 10% compounded annually? Note: 10% is based on the end of the first-year payment.

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