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The future worth in year 10 of a geometric gradient series o

Paper help Economics The future worth in year 10 of a geometric gradient series o

Economics

The future worth in year 10 of a geometric gradient series o

The future worth in year 10 of a geometric gradient series of cash flows was found to be $80,000. If… Show more The future worth in year 10 of a geometric gradient series of cash flows was found to be $80,000. If the interest rate was 15% per year and the annual rate of increase was 9% per year, what was the cash flow amount in year 1? • Show less

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