Problem 02.033 - Calculation of unknown gradient For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 9.00% per year. (Round the final answer to three decimal places.) Cash flow, $ Year 0 1 2 3 75.0 75.0+ G 75.0 +2G The value of G is $ Year 4 5 6 7 Cash flow, $ 75.0+ 3G 75.0+ 4G 75.0+5G 75.0+6G

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Problem 02.033- Calculation of unknown gradient
For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to
$500. The interest rate is 9.00% per year. (Round the final answer to three decimal places.)
Cash flow, $
Year
0
1
2
3
75.0
75.0+ G
75.0+ 2G
The value of G is $
Year
4
15
16
7
Cash flow, $
75.0 + 3G
75.0 + 4G
75.0 + 5G
75.0 + 6G
Transcribed Image Text:Problem 02.033- Calculation of unknown gradient For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 9.00% per year. (Round the final answer to three decimal places.) Cash flow, $ Year 0 1 2 3 75.0 75.0+ G 75.0+ 2G The value of G is $ Year 4 15 16 7 Cash flow, $ 75.0 + 3G 75.0 + 4G 75.0 + 5G 75.0 + 6G
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