The present worth of income from an investment that


The present worth of income from an investment that follows an arithmetic gradient was projected to be $475,000. If the income in year one is expected to be $25.000, how much would the gradient have to be in each year through year 8 if the interest rate is 10% per year?

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Microeconomics: The present worth of income from an investment that
Reference No:- TGS01351321

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