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Exactly 40 years from today, Formosa Plastics Corporation must pay you $2,090,000 as part of a court settlement because they polluted your property. If Formosa

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Exactly 40 years from today, Formosa Plastics Corporation must pay you $2,090,000 as part of a court settlement because they polluted your property. If Formosa Plastics earns a 10.63 percent interest rate compounded monthly, how much must the corporation save each month in order to have the full settlement amount available in 40 years? $290.66 $4,354.17 $270.10 $272.49 $331.35

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