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

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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: 9781292265001

17th Global Edition

Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling

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Question Posted: Oct 25, 2024 10:11 AM

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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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