Calculate the present worth of the following geometric, Ask an Expert

Economics

Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =9.64 %, Annual cash flow increases 29% each year, The first year value is $65 and the series is 9 yrs long.

Present your answer with 2 decimal place precision.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91296248

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