The total cost associated with development and approval for a new prescription drug was estimated to be $$2\mathrm{.}1$ million in $2013.$

Costs are expected to increase $7\mathrm{.}5\%$ each year through the year $2020.$ Find the uniform series equivalent to the given geometric

series over the $8$ year period with a $4\mathrm{.}0\%$ discount rate. $($Assume end of year cash flows.$)$

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