The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through yea

Question

Andrej [43]

3 years ago

12

The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through yea

r 8 at an interest rate of 10% per year is closest to:

Mathematics

1 answer:

Alekssandra [29.7K] · Answer 1 · 2022-03-23T00:13:57+03:00

Alekssandra [29.7K]3 years ago

3 0

<span>The present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8 at an interest rate of 10% per year is closest to:
</span>Answer = $75,182