A series of quarterly cash flows starts with a cash flow of $1,000 on April 1, 1982, and is expected to cont. m JuTl199*Each cash flow has been $50 greater than the one preceding it This urease Sed to Se Use an interest rate of 16% with quarterly ccmpound.ng. an e errnmejl amount of each cash flow in an equivalent series of equal quarterly cash flows. The first cash flow the equivalent series is to occur on April 1.1987, and the last on October 1.1994.