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18 July, 19:54

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:

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  1. 18 July, 20:53
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    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:

    Answer = $75,182
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