Series of end-of-year CFs spanning the same time period

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Consider a series of end-of-period CFs spanning 2042-2056, which increase at a 1.3% rate each period. The amount of the first CF in the series is $124. The interest rate is 3.8%. What is the equivalent uniform amount for a series of end-of-year CFs spanning the same time period?

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Reference no: EM131964866

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