The future worth in year 10 of income associated with a fixed-income investment is guaranteed to be

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The future worth in year 10 of income associated with a fixed-income investment is guaranteed to be

$500,000. If the cash flow in year 1 is $20,000, how much would the arithmetic gradient have to be at the interest rate of 10% per year?

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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