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  3. consider the following two cash flow series of pay

Consider the following two cash flow series of payments: Series A is a geometric series...

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Accounting

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Consider the following two cash flow series of payments: Series A is a geometric series increasing at a rate of 10% per year. The initial cash payment at the end of year 1 is $1,000. The payments occur annually for 5 years. Series B is a uniform series with payments of value X occurring annually at the end of years 1 through 5. You must make the payments in either Series A or Series B. Click here to access the TVM Factor Table Calculator Determine the value of x for which these two series are equivalent if your TVOM is i = 9%. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5. If your TVOM is 3%, would you be indifferent between these two series of payments? Enter the PW for each series to support this choice. PW, Series A: PW, Series B: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5%. If your TVON IS , would you be indifferent between these two series of payments? Enter the PW for each series to support this choice. PW Series A: $ PW Series B: 5 Carry all interin calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t5

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