Question 8 1 out of 1 points For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to: A 2 3 12 13 Year 4 14 15 = 12% g=15% Geometrie gradient P=? Selected Answer: $16,500 Answers: $16,500 $15,982 $19,550 $13,682
Question 8 1 out of 1 points For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to: A 2 3 12 13 Year 4 14 15 = 12% g=15% Geometrie gradient P=? Selected Answer: $16,500 Answers: $16,500 $15,982 $19,550 $13,682
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![Question 8
1 out of 1 points
For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to:
2 3
12 13
Year
4
14
15
= 12%
g=15%
Geometrie grad ient
P=?
Selected Answer:
$16,500
Answers:
$16,500
$15,982
$19,550
$13,682](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdaf57eff-08a9-466e-90dc-25ac4cdf5a43%2Fcc496690-7d37-4b3d-b1be-697f62e3fe7a%2F3prhrtag_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 8
1 out of 1 points
For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to:
2 3
12 13
Year
4
14
15
= 12%
g=15%
Geometrie grad ient
P=?
Selected Answer:
$16,500
Answers:
$16,500
$15,982
$19,550
$13,682
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