The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $575,000. If the gradient increase each year, G, is $1750, determine the cash flow in year 1 at an inte...

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The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $575,000. If the gradient increase each year, G, is $1750, determine the cash flow in year 1 at an inte...

The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $575,000. If the gradient increase each year, G, is $1750, determine the cash flow in year 1 at an interest rate of 11% per year.

The cash flow in year 1 is $ .

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Answer 1

Answer #1

The cash flow in the year 1 is $42935

Here are the calculations Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Cash Flow future worth years remaining 42935 1098

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Answer 2

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