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A class-action suit against a utility company resulted in a settlement of $2.35 million for 75,000 customers. If the legal fees, which must be paid

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A class-action suit against a utility company resulted in a settlement of $2.35 million for 75,000 customers. If the legal fees, which must be paid from the settlement, are $500,000, what amount will each plaintiff receive? (Round your answer to 2 decimal places.) Amount per plaintiff Ben and Carla Covington plan to buy a condominium. They will obtain a $227,000, 20-year mortgage at 6.5 percent. Their annual property taxes are expected to be $1.250. Property Insurance is $650 a year, and the condo association fee is $230 a month. Based on these items, determine the total monthly housing payment for the Covingtons. Use Exhibit 7-7. (Round your Intermediate calculations and final answer to 2 decimal places.) Total monthly housing payment

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