After a on-the-job accident a client was awarded 1 30000000, Ask an Expert

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After a on-the-job accident, a client was awarded $1, 300,000.00 for their injuries. It was immediate invested into an annuity that pays 5.1%, compounded monthly and makes payments each month for the next 40 years. What will the monthly payment be to this worker that had the accident?

The payment would be $

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Financial Management, Finance

Category:- Financial Management
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