What uniform series of cash flows is equivalent to a 15000

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What uniform series of cash flows is equivalent to a $150,000 cash flow occurring today if the uniform series of cash flows occur at the end of each month for the next fifteen years and the periodic interest rate is 0.62% compounded annually?

Reference no: EM131137245

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What uniform series of cash flows is equivalent to a 15000 : What uniform series of cash flows is equivalent to a $150,000 cash flow occurring today if the uniform series of cash flows occur at the end of each month for the next fifteen years and the periodic interest rate is 0.62% compounded annually?
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