A set of cash flows beings at $50,000 the first year, with an increase each year until n 15 years If the interest rate is 6 , what is the present value when the annual increase is $5,000 and when the annual increase is 10

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A set of cash flows beings at $50,000 the first year, with an increase each year until n 15 years  If the interest rate is 6 , what is the present value when the annual increase is $5,000  and when the annual increase is 10

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Question

A set of cash flows beings at $50,000 the first year, with an increase each year until n=15 years. If the interest rate is 6%,

A set of cash flows beings at $50,000 the first year, with an increase each year until n=15 years. If the interest rate is 6%, what is the present value when the annual increase is $5,000? and when the annual increase is 10%?

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