Consider the following two cash flow series of payments:Serios A is a geometric series increasing at a rate of 9.5% per year. The initial cosh payment at the end of year 1 is $1,000. The payments occur annually for 5 years. 5 erius B is a uniformseries with payments of value X occurring annually at the end of years 1 through 5 . You must mala the payments in either Series A or Series B: Parta Determine the value of X for which these two series are equivalent if your rvOM is i=9%. 5 Carry all interim calculations to 5 decimal ploces and then round your final answer to the nearest dollar. The tolerance is \pm 1. eTextbook and Media Attempts: 1 of 3 used