What uniform annual series of cash flows over a 12-year period is equivalent to an investment of $5,000 at t 5 0, followed by receipts of $600 per year for 11 years and a final receipt of $1,600 at t 5 12 if the investor’s time value of money is 6% per time period? (white 116) white, john a., kellie grasman, kenneth case, kim needy. fundamentals of engineering economic analysis. wiley, 2013-08-05. vitalbook file. the citation provided is a guideline. check each citation for accuracy before use.