Determine the equivalent uniform worth of the losses

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Reference no: EM131584140

A report by the Government Accountability Office (GAO) shows that the GAO expects the U.S. Postal Service to lose a record $ 1.4 billion at the end of this year, and if the business model is not changed, the losses will total $ 169.8 billion by the end of year 10. If the losses increase uniformly over the 10-year period, determine the equivalent uniform worth of the losses at an interest rate of 8% per year.

Reference no: EM131584140

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