1. Consider a series of end-of-period CFs spanning 2042-2058, which decrease at a 1% rate each period. The amount of the first CF in the series is $113. The interest rate is 3.9%. What is the equivalent value of this series at the beginning of 2042?
2. Consider a series of end-of-period CFs spanning 2043-2055, which increase at a 3% rate each period. The amount of the first CF in the series is $79. The interest rate is 3%. What is the equivalent value of this series at the beginning of 2043?