### What is the uniform series equivalent of the fund

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##### Reference no: EM131027125

Jimmy deposits \$3,000 now, \$2,900 3 years from now, and \$4,200 6 years from now. Interest is 3% for the first 3 years and 8% for the last 3 years.

a. How much money will be in the fund at the end of 6 years?

b. What is the present worth of the fund?

c. What is the uniform series equivalent of the fund (uniform cash flow at end of years 1–6)?

Round your answers to the nearest whole dollar. The tolerance is +/- 4.00.

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