The future worth in year 10 of an arithmetic gradientcash
Chapter 2, Problem 2.38(choose chapter or problem)
The future worth in year 10 of an arithmetic gradientcash flow series for years 1 through 10 is$500,000. If the gradient increase each year, G, is$3,000, determine the cash flow in year 1 at an interestrate of 10% per year.
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