What uniform series over the interval [1,8] will be equivalent to a uniform series of $10,000 cash flows over the interval [3,10] based on:
(a) a 6 % interest rate? and (b) a 10 % interest rate?
show work.
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What uniform series over the interval [1,8] will be equivalent to a uniform series of $10,000 cash flows over the interval [3,10] based on:
(a) a 6 % interest rate? and (b) a 10 % interest rate?
show work.