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Example: Present Equivalent of an Increasing Arithmetic Gradient Series suppose that we have cash flows as follows: End of Year Cash Flows($) 1 2 3
Example: Present Equivalent of an Increasing Arithmetic Gradient Series suppose that we have cash flows as follows: End of Year Cash Flows($) 1 2 3 5,000 6,000 7,000 8,000 Also, assume that we wish to calculate their present equivalent at i = 15% per year, using gradient conversion factors
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