Suppose that we have cash flows as follows. End of Year Cash Flows ($) 1 8,000 2 7,000 3 6,000 4 5,000 Draw cash flow diagram. Calculate the present equivalent at i = 15% per year, using arithmetic gradient interest factors.

Suppose that we have cash flows as follows. Draw cash flow diagram. Calculate the present equivalent at i=15% per year, using arithmetic gradient interest factors