Question

A geometric gradient series Select one: a. starts with a certain amount and from period to...

A geometric gradient series

Select one:

a. starts with a certain amount and from period to period increases by a constant amount.

b. starts with a certain amount and from period to period increases by a constant rate.

c. starts with a certain amount and from period to period decreases by a constant percentage.

d. starts with zero and from period to period increases by a constant amount.

e. starts with zero and from period to period increases by a constant rate.

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Answer #1

A geometric gradient series starts with a certain amount and increases by a constant rate.

Therefore option B is the correct answer

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