What is the unifor series equivalent of the fund

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Reference no: EM131090865

Jimmy deposits $4,000 now, $2,500 3 years from now, and $5,000 6 years from now. Interest is 5% for the first 3 years and 7% for the last 3 years.

a) How much money will be in the fund at the end of 6 years?

b) What is the present worth of the fund?

c) What is the unifor series equivalent of the fund (uniform cash flow at end of yours 1 through 6)?

Reference no: EM131090865

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