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QUESTION

an arithmetic cash flow gradient series equal $400 in year 1, $500 in year 2, and the amounts increasing by $100 per year thought year 14.

an arithmetic cash flow gradient series equal $400 in year 1, $500 in year 2, and the amounts increasing by $100 per year thought year 14.At i=5% per year, determine the present worth of the cash flow series in years 0.

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