Question
In an arithmetic gradient series cash flow shown below, determine the present worth in year 0 for i =8% per year, A1=50 , and A2=170.
In an arithmetic gradient series cash flow shown below, determine the present worth in year 0 for i =8% per year, A1=50 , and A2=170.
| Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Cash Flow, $ | - | A1 | 50 | 70 | 90 | A2 | 130 | 150 | 170 |
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The Charles Schwab Guide To Finances After Fifty
Authors: Carrie Schwab-Pomerantz, Joanne Cuthbertson
1st Edition
0804137366, 978-0804137362
