Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
cloveb cloveb
wrote...
Go to Answer
Valued Member
Posts: 782
Rep: 62 1
7 years ago Edited: 7 years ago, cloveb
The present worth of an increasing geometric gradient is $23,632. The interest rate is 6% per year, and the rate of change is 4% per year. If the cash flow amount in year 1 is $3000, the year in which the gradient ends is year A. 7
 B. 9
C. 11
D. 12
Read 328 times
1 Reply
Replies
Answer accepted by topic starter
bolbolbolbol
wrote...
#1
Staff Member
Top Poster
Posts: 3162
Rep: 261 2
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1143 People Browsing
 101 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 605
  
 2596
  
 1549
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?