
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 35
Determine the present worth of a geometric gradient series with a cash fl ow of $50,000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year.
Explanation
It is given that the cash flow starts wi...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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