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Mrs. Aguilar is a beneficiary of a life insurance for $1,650,000.00, she chose not to take the whole amount in cash, but to receive a

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Mrs. Aguilar is a beneficiary of a life insurance for $1,650,000.00, she chose not to take the whole amount in cash, but to receive a fixed monthly income for the next 12 years. If the money is invested at 10.5% compounded monthly, what amount will Mrs. Aguilar receive each month

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