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Omar has an investment worth 328,390 dollars. The investment will make a special payment of X dollars to Omar in 2 month(s) and the investment
Omar has an investment worth 328,390 dollars. The investment will make a special payment of X dollars to Omar in 2 month(s) and the investment also will make regular, fixed monthly payments of 4,730 dollars to Omar forever. The expected return for the investment is 1.48 percent per month and the first regular, fixed monthly payment of 4,730 dollars will be made to Omar in 1 month. What is X, the amount of the special payment that will be made to Omar in 2 month(s)?
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