5. Calculate the Present worth (where Ptotal= PA+PG) if G (arithmetic gradient) =35, n=8 years, A=320 and i= 7% per year?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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5. Calculate the Present worth (where Ptotal= PA+ PG) if G (arithmetic gradient) =35, n=8 years,
A=320 and i= 7% per year?
6. What is the value of PG (present worth of arithmetic gradient) if G=5, n=2 years, and i= 1% per
year?
Transcribed Image Text:5. Calculate the Present worth (where Ptotal= PA+ PG) if G (arithmetic gradient) =35, n=8 years, A=320 and i= 7% per year? 6. What is the value of PG (present worth of arithmetic gradient) if G=5, n=2 years, and i= 1% per year?
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