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A cash flow at time zero (now) of $14,578 is equivalent to another cash flow that is an EOY annuity of $2,800 over seven years
A cash flow at time zero (now) of $14,578 is equivalent to another cash flow that is an EOY annuity of $2,800 over seven years (starting at year 1). Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same seven-year time interval? Assume that the cash flow at the end of year one is zero. Choose the correct answer below. OA. $686 O B. $1,500 O c. $1,039 O D. $833 O E. Not enough information given
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