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| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
a.      The equivalent annual worth of an increasing arithmetic gradient is $135,300. If the cash flowsin year 1 is $35,000 and the gradient amount is $19,000, what is the value of n at an interest rate of 10% per year?
b.     You are told that the present worth of an increasing geometric gradient is $88,146. If the cash flowsin year 1 is $25,000 and the gradient increase is 18% per year, what is the value of n ? The interest rate is 10% per year.
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