What is the equalpayment series for 10 years that is equivalent to a payment series starting with

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What is the equal‐payment series for 10 years that is equivalent to a payment series starting with $30,000 at the end of the first year and decreasing by $3,000 each year over 10 years? Interest is 8% compounded annually.

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 12, 2018 10:28 AM

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What is the equalpayment series for 10 years that is equivalent to a payment series starting with

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A 30000 3000AG 8 10 30000 300038713 ...View the full answer

Fundamentals of Engineering Economics

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