Calculate the rent of a decreasing annuity


Problem

Calculate the rent of a decreasing annuity at 8% interest compounded quarterly with payments made every quarter-year for 12 years and present value $200,000.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: Calculate the rent of a decreasing annuity
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