Question: Complete the monthly payment table based on per $1,000 on 5.00% growth and answer the questions below. Monthly Payment Table per $1,000 $1,000.00 Months

Complete the monthly payment table based on per $1,000 on 5.00% growth

Complete the monthly payment table based on per $1,000 on 5.00% growth and answer the questions below. Monthly Payment Table per $1,000 $1,000.00 Months Years PV Assumption 5.00% 8 9 10 11 12 13 -234567 TOTOOO222222222 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 30 What is the payment amount over 12 years for $1,000,000 benefit? What is the payment amount over 24 years for $1,000,000 benefit?

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