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An arithmetic cash flow gradient series equals $750 in year 1,$850 in year 2 , and amounts increasing by $100 per year through year 10.
An arithmetic cash flow gradient series equals $750 in year 1,$850 in year 2 , and amounts increasing by $100 per year through year 10. At i=8.00% per year, determine the present worth of the cash flow series in year 0 . (Round the final answer to three decimal places.) The present worth of the cash flow series in year 0 is $
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