Q2.4. An arithmetic cash flow gradient series equals $500 in year 1, $600 in year 2, and amounts increasing by $100 per year through year 9. At i= 10% per year, determine the present worth of the cash flow series in year 0.

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Q2.4.
An arithmetic cash flow gradient series equals $500 in year 1, $600 in year 2, and amounts increasing
by $100 per year through year 9. At i = 10% per year, determine the present worth of the cash flow
series in year 0.
Transcribed Image Text:国 Q2.4. An arithmetic cash flow gradient series equals $500 in year 1, $600 in year 2, and amounts increasing by $100 per year through year 9. At i = 10% per year, determine the present worth of the cash flow series in year 0.
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