Consider the following two cash flow series of payments: Series A is a geometric series increasing at a rate of 9.5% per year. The initial cash payment at the end of year 1 is $1,000. The payments occur annually for 5 years. Series B is a uniform series with payments of value X occurring annually at the end of years 1 through 5. You must make the payments in either Series A or Series B. a. Determine the value of X for which these two series are equivalent if your TVOM is i = 9%. $
b. If your TVOM is 8%, would you be indifferent between these two series of payments? Enter the PW for each series to support this choice.
c. If your TVOM is 5%, would you be indifferent between these two series of payments? Enter the PW for each series to support this choice.

Which of the following statements are true? (select all that apply.) a quasi-static process is one in which the system is never far from being in equilibrium. when a system can go from state 1 to state 2 by several different processes, the amount of heat absorbed by the system will be the same for all processes. the internal energy of a given amount of an ideal gas depends only on its absolute temperature. when a system can go from state 1 to state 2 by several different processes, the work done on the system will be the same for all processes. when a system can go from state 1 to state 2 by several different processes, the change in the internal energy of the system will be the same for all processes. for any substance that expands when heated, its cp is greater than its cv.