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Lecture+No8_Gradient+Series

Linear Gradient Series A

Linear Gradient Series A Strict Gradient Series Gradient Series as a Composite Series of a Uniform Series of N Payments of A 1 and the Gradient Series of Increments of Constant Amount G. Contemporary Engineering Economics, 5th edition, © 2010

Example3.21 Linear Gradient: Find P, Given A 1 , G, N, and i Given: A 1 = $1,000, G = $250, N = 5 years, and i = 12% per year Find: P Excel Solution: Contemporary Engineering Economics, 5th edition, © 2010

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