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If a proposed project saves $100,000 in 1 year, $110,000 in year 2, and amounts increasing by $10,000 each year for 5 years, what is
If a proposed project saves $100,000 in 1 year, $110,000 in year 2, and amounts increasing by $10,000 each year for 5 years, what is the future worth of the savings in year 5 at an interest rate of 10% per year? Note: this is a "a cash flow series that either increases or decreases by a constant percentage each period. Please show work, thank you! thank you
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