Question 8 1 out of 1 points For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to: A 2 3 12 13 Year 4 14 15 = 12% g=15% Geometrie gradient P=? Selected Answer: $16,500 Answers: $16,500 $15,982 $19,550 $13,682

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Question 8
1 out of 1 points
For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to:
2 3
12 13
Year
4
14
15
= 12%
g=15%
Geometrie grad ient
P=?
Selected Answer:
$16,500
Answers:
$16,500
$15,982
$19,550
$13,682
Transcribed Image Text:Question 8 1 out of 1 points For the given cash flow of geometric gradient, if A= $3,000, the present value, P is closest to: 2 3 12 13 Year 4 14 15 = 12% g=15% Geometrie grad ient P=? Selected Answer: $16,500 Answers: $16,500 $15,982 $19,550 $13,682
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