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Solve correctly.i will rate accordingly. What is the Present Worth of $2,000 costs in year one, increasing by $500 per year for years 2 thru

image text in transcribed Solve correctly.i will rate accordingly.

What is the Present Worth of $2,000 costs in year one, increasing by $500 per year for years 2 thru 6. The interest rate is 12% per year. (you must show a cash flow diagram, factor-notation equations, and a solution)

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