The future worth in year 10 of an arithmetic gradient cash flow series for years 1...

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The future worth in year 10 of an arithmetic gradient cash flow series for years 1...

The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $500,000. If the gradient, G, increases each year at $3,000 per year, determine the present worth of the uniform series only, at an interest rate of 10% per year.

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