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A Geometric Gradient Series

Question 3

Multiple Choice

A geometric gradient series


A) starts with zero and from period to period increases by a constant amount.
B) starts with zero and from period to period increases by a constant rate.
C) starts with a certain amount and from period to period increases by a constant amount.
D) starts with a certain amount and from period to period increases by a constant rate.
E) starts with a certain amount and from period to period decreases by a constant percentage.

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