Problem 1 20 pts (5 each) (a) (b) (C) (d)

Problem 1 P = 1000 B? 20 pts (5 each) = 10%/period i - 10%/period Geometric gradient series i = g = 10%/period 500 B? B? A = 1500 2000 1500 1000 A = 1000 = 10%/period Make both equivalent to a present value first