A geometric gradient series
A)starts with zero and from period to period increases by a constant amount.
B)starts with zero and from period to period increases by a constant rate.
C)starts with a certain amount and from period to period increases by a constant amount.
D)starts with a certain amount and from period to period increases by a constant rate.
E)starts with a certain amount and from period to period decreases by a constant percentage.

Question

Quizplus · Accepted Answer

A geometric gradient series starts with a certain amount and from period to period increases by a constant rate, meaning each term is multiplied by a constant to get the next term.

A Geometric Gradient Series