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GKX Industries has introduced a new family of products to the market, hydraulic seals (in inch and metric sizes). The company expects sales of these
GKX Industries has introduced a new family of products to the market, hydraulic seals (in inch and metric sizes). The company expects sales of these products to increase according to the cash flow sequence $70,000 + 4 k, where k is in years a) What is the amount of the cash flow in year 5? b) What is the future worth of the entire cash flow series in year 10? Let i =12% per year. c) What is the equivalent Uniform series (A) for the 10 years?
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