Question: 14. James Brown was in an auto ac structured settlement in which an insurance company will pay him $600 at the end of each month

 14. James Brown was in an auto ac structured settlement in

14. James Brown was in an auto ac structured settlement in which an insurance company will pay him $600 at the end of each month for the next seven years. How much money should the insurance company invest nov compounded monthly, to guarantee that all the payments can be made? cident. He sued the person at fault and was awarded a at 4.7%

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