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26-10-2022
Mathematics

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A man is disabled in an accident and wants to receive an insurance payment that will provide him with $2800 at the end of each month for 15 years. If the payment can be placed in an account that pays 9% compounded monthly, what size payment should he seek?

A man is disabled in an accident and wants to receive an insurance payment that will provide him with 2800 at the end of each month for 15 years If the payment class=

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