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Consider the end-of-year geometric sequence of cash flows in the following figure and determine the P, A and F equivalent values using the geometric gradient
Consider the end-of-year geometric sequence of cash flows in the following figure and determine the P, A and F equivalent values using the geometric gradient factors or formulas. The rate of increase is 20% per year after the first year, and the interest rate is 25% per year. 2. $1,000(1.29 1,0001 $1.000 51,0012)'t i-25% C3 End of Year
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