An arithmetic gradient has cash flows of $1000 in year 4, $1200 in year 5, and amounts

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An arithmetic gradient has cash flows of $1000 in year 4, $1200 in year 5, and amounts increasing by $200 per year through year 10. If you use the factor 200(P∕G,10%,n) to find PG in year 3, the value of n you have to use in the P∕G factor is:

(a) 10

(b) 9

(d) 7

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 07:08 AM

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An arithmetic gradient has cash flows of $1000 in year 4, $1200 in year 5, and amounts

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Engineering Economy

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