Question: Show all work please and thank you Problem 11-16 (book/static) Question Help * A series of five constant dollar or real dollar payments beginning with

Show all work please and thank you

Problem 11-16 (book/static) Question Help * A series of five constant dollar or real dollar payments beginning with $5000 at the end of the first year are increasing at the rate of 7% per year Assume that the average general inflation rate is 5% and he market interest rate is 12% during this inflationary period what is the equivalent present worth of the series? The equivalent present worth is S[] thousand (Round to one decimal place )

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