The negative arithmetic gradient series in Problem 3.44 is missing the value in year 4. Solve for this value on a spreadsheet. In doing so, display both the full amount of the missing payment and the extra amount over the expected amount of $?1600.
What will be an ideal response?
Payment in year 4, x = $2755.89
Extra above arithmetic gradient value of $-1600 is $1155.89
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