Question: please solve for payment the answer is not 8,367.92 ive already posted this question it was answered incorrectly Solve for payment (Professor annuity) Professor's Annulty

please solve for payment

the answer is not 8,367.92 ive already posted this question it was answered incorrectly

Solve for payment (Professor annuity) Professor's Annulty Corp, offers a lifetime annuity to retiring professors. For a lump payment today of $74,779.65, the firm will pay the retiring professor a set amount of money per year for 10 years. If the interest rate on the annuity is 15%, then what are the annual payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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