What value of g makes the two series of cash flows, Ask an Expert

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What value of G makes the two series of cash flows described below equivalent at an interest rate of 3% per year, compounded every 3 months?

A: 22 annual deposits in the amount of $400

B: 11 annual deposits in the amount of $400 in the first year, and increasing by $G each year.

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Financial Management, Finance

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