A cash flow sequence starts in year 1 at $4000 and decreases by $300 each year through year 9. Determine (a) the value of the gradient G; (b) the amount of cash flow in year 5; and (c) the value of n for the (P?G,i%,n) factor.
What will be an ideal response?
(a) G = $-300 (b) CF5 = $2800 (c) n = 9
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Determine:
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