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A man is disabled in an accident and wants to receive an insurance payment that will provide him with $1100 at the end of the

A man is disabled in an accident and wants to receive an insurance payment that will provide him with $1100 at the end of the month for 25 years. If the payment can be placed in an account that pays 6% compounded monthly what size payment should he seak?
He should seek a payment of $

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