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please answer in a hour or lesss thank you (: Exactly 40 years from today, Formosa Plastics Corporation must pay you $2,090,000 as part of
please answer in a hour or lesss thank you (:
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? Multiple Choice $270.10 $331.35 $290.66 $4,354.17 O $272.49Step by Step Solution
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