Question

In a conventional gradient, the amount of money in period one is known as the_________.

Answer 1

In a conventional gradient, the amount of money in period one is known as the base amount.

What is an arithmetic gradient?

An arithmetic gradient series is a cash flow series that either increases or decreases by a constant amount each period.

What is a base amount?

Base amount is the fundamental numerical assumption from which something is begun or estimated in a given arithmetic series. It usually occurs in period for a conventional gradient.

Thus, in a conventional gradient, the amount of money in period one is known as the base amount.

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Answer 2

In a conventional gradient, the amount of money in period one is known as the base amount.

What is an arithmetic gradient?

An arithmetic gradient series is a cash flow series that either increases or decreases by a constant amount each period.

Thus, in a conventional gradient, the amount of money in period one is known as the base amount.

Learn  more about base amount here:

brainly.com/question/22661325

#SPJ1