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HW6_Uniform and Geometric Gradients_EngEconomics
- Institution
- Rutgers University - New Brunswick/Piscataway
- Book
- Engineering Economy
Uniform gradients are cash flows in which the payment or receipt is the same amount for each period. For example, a uniform gradient might be a series of annual payments of $10,000 over the next five years. Engineers use uniform gradient calculations to evaluate investments and financial decisions ...
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