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Proper working please. Solution is provided in the question. 7. Find the equivalent annual amount of a cashflow which starts with $500 in year 1

Proper working please. Solution is provided in the question.
7. Find the equivalent annual amount of a cashflow which starts with $500 in year 1 and increases by $50 a year for twenty years using an interest rate of 12%. Find the present worth. ($5,983)

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Proper working please. Solution is provided in the question. 7. Find the equivalent annual amount of a cashflow which starts with $500 in year 1

Proper working please. Solution is provided in the question. 7. Find the equivalent annual amount of a cashflow which starts with $500 in year 1 and increases by $50 a year for twenty years using an interest rate of 12%. Find the present worth. ($5,983)

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Proper working please. Solution is provided in the question.
7. Find the equivalent annual amount of a cashflow which starts with $500 in year 1 and increases by $50 a year for twenty years using an interest rate of 12%. Find the present worth. ($5,983)