What is the equal payment series for 12 years that is
What is the equal payment series for 12 years that is equivalent to a payment series of $15,000 at the end of the first year, decreasing by $1,000 each year over 12 years? Interest is 8% compounded annually.
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what is the equal payment series for 12 years that is equivalent to a payment series of 15000 at the end of the first
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