Engineering Economics
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

P 4,840.00
P 4,820.00
P 4,880.00
P 4,860.00

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Engineering Economics
In a cash flow series:

Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these
The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient

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