Given: Cash transactions (arithmetic gradient series) with decreasing gradient. 950 900 850 800 75 i = 10%/year 3 8. 9. 10 11 12 Required: The equivalent present worth at year 0, Po. 5. 2.
Given: Cash transactions (arithmetic gradient series) with decreasing gradient. 950 900 850 800 75 i = 10%/year 3 8. 9. 10 11 12 Required: The equivalent present worth at year 0, Po. 5. 2.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Given: Cash transactions (arithmetic gradient series) with decreasing gradient.
950
900
850
800
750
700
i = 10%/year
1
3
4
6
7
8
9.
10
11
12
13
14
15 Yrs
Required: The equivalent present worth at year 0, Po.
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