Consider a series of end-of-period cfs spanning 2043-2053, Ask an Expert

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Consider a series of end-of-period CFs spanning 2043-2053, which increase at a 0.8% rate each period. The amount of the first CF in the series is $129. The interest rate is 2.2%. What is the equivalent uniform amount for a series of end-of-year CFs spanning the same time period?

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