Question: help solve please! Solve for payment (Professor annuity) Protessor's Annuity Corp, offers a lifetime annulty to retiring professors. For a lump payment today or $86.483,43,

help solve please! help solve please! Solve for payment (Professor annuity) Protessor's Annuity Corp, offers

Solve for payment (Professor annuity) Protessor's Annuity Corp, offers a lifetime annulty to retiring professors. For a lump payment today or $86.483,43, the firm will pay the etring professor a set amount of money per year for 10 years. If the interest rate on the onnulty is 5%, then what are the annual poyments? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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