4-87. A geometric gradient that increases at f = 6% per year for 15 years is shown...

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4-87. A geometric gradient that increases at ¯f = 6% per year for 15 years is shown in the accompanying diagram. The annual interest rate is 12%. What is the present equivalent value of this gradient? (4.12)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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Question Posted: Oct 26, 2024 01:00 PM

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4-87. A geometric gradient that increases at f = 6% per year for 15 years is shown...

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Engineering Economy

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