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Jimmy deposits : a) 4200 : now b) 2100 : 3 years from now c) 4200 : 6 years from now Interest is 3 %

Jimmy deposits :

a) 4200 : now

b) 2100 : 3 years from now

c) 4200 : 6 years from now

Interest is 3 % for the first 3 years and 11 % for the last 3 years.

What is the uniform series equivalent of the fund (uniform cash flow at end of years 16)?

(Hint : Incorrect Answer = 3456, 1935)

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