2008 $1,000 2009 ΕΟΥ $1000-G 2010 $1000-2G 2011 2012 $ 1000-3G &F=

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 18CTQ: Is it inevitable that government must become involved in supporting investments in new technology?
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Calculate the future equivalent at the end of 2012, at x1% per year, of the following series of cash flows in the Figure below: Use a uniform gradient amount (G) in your solution, G=x2. x1 = 15% x2 = $50
2008
$1,000
2009
EOY
2010
$1000-2G
$1000-G
2011
2012
$ 1000-3G
F = ?
Transcribed Image Text:2008 $1,000 2009 EOY 2010 $1000-2G $1000-G 2011 2012 $ 1000-3G F = ?
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