gkx industries expects sales of its hydraulic, Macroeconomics

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gkx industries expects sales of its hydraulic

GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to the cash flow sequence $70+4k, where k is in years and cash flow is in $1000.

a) What is the amount of the cash flow in year 3?

b) What is the future worth of the entire cash flow series in year 10? Let i = 10% per year?

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