5. Change the following linear gradient series into a geometric gradient series by determining the unknown CFs if i = 4%/year. $85 $40 $55 $70 0 1 2 3 V₁ = $52.3 11 V₁ = $68.37 V₁ = $89.39 $40 V₁ 0 1 2 3

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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5.
Change the following linear gradient series into a geometric gradient series by determining the
unknown CFs if i = 4%/year.
$85
$40
$55
$70
0 1 2 3
V₁ = $52.3
V₁ = $68.37 V₁ = $89.39
$40
V₁
0 1 2
3
Transcribed Image Text:5. Change the following linear gradient series into a geometric gradient series by determining the unknown CFs if i = 4%/year. $85 $40 $55 $70 0 1 2 3 V₁ = $52.3 V₁ = $68.37 V₁ = $89.39 $40 V₁ 0 1 2 3
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