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Cashflow 1 $ 1,900,000 2 $ 2,400,000 3 $ 2,400,000 4 $ 2,400,000 5 $ 2,400,000 6 $ 2,400,000 7 $ 2,400,000 8 $ 2,400,000

Cashflow
1 $ 1,900,000
2 $ 2,400,000
3 $ 2,400,000
4 $ 2,400,000
5 $ 2,400,000
6 $ 2,400,000
7 $ 2,400,000
8 $ 2,400,000
9 $ 2,400,000
10 $ 2,400,000
11 $ 2,400,000
12 $ 2,400,000
13 $ 2,400,000
14 $ 2,400,000
15 $ 2,400,000

How do you find growth rate (g) using growing annuity formula?

n = 15 discount rate = 15%

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