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You have life insurance which has a guaranteed cash value after 28 years of $1,414,320.00. If you know that you can earn 6% APY on

You have life insurance which has a guaranteed cash value after 28 years of $1,414,320.00. If you know that you can earn 6% APY on your investments. 


What is the maximum monthly payment on the life insurance that you would be willing to accept?  

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