Find the equal annual payment series that would be equivalent to the following increasing series of payments if the interest rate is 12%.
A) compounded annually
B) compounded continuously
$600 at the end of the first year
$800 at the end of the second year
$1000 at the end of the third year.
$1200 at the end of the fourth year
$1400 at the end of the fifth year
$1600 at the end of the sixth year
$1800 at the end of the seventh year