Consider the accompanying cash flow diagrams, where the equal-payment cash flow in constant dollars is converted (a) from the equal-payment cash flow in actual dollars, and (b) at an annual general inflation rate of = 3.8% and i = 9%. What is the amount A in actual dollars equivalent to A' = $1,000 in constant dollars? Assume base year is n = 0.

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2 A $1.000 (a) Constant dollars 4 (b) Actual dollars