What is the equal-payment series for 8 years that is equivalent to a payment series starting with $15,000 at the
end of the first year and decreasing by $2,000 each year over next seven year? Interest is 9% compounded
monthly.

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The Answer of What is the equal-payment series for 8 years that is equivalent to a payment series starting with $15,000 at the
end of the first year and decreasing by $2,000 each year over next seven year? Interest is 9% compounded
monthly.

What Is the Equal-Payment Series for 8 Years That Is