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Business, 08.10.2019 02:10 amiechap12

Isaac has an investment worth 695,932 dollars. the investment will make a special payment of x dollars to isaac in 7 month(s) and the investment also will make regular, fixed monthly payments of 4,820 dollars to isaac forever. the expected return for the investment is 0.71 percent per month and the first regular, fixed monthly payment of 4,820 dollars will be made to isaac in 1 month. what is x, the amount of the special payment that will be made to isaac in 7 month(s)?

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