17 Royalties paid to holders of mineral rights tend to decrease with time as resources become depleted. In one particular case, the right holder received a royalty check of $18,000 six months after the lease was signed. She continued to receive checks at 6-month intervals, but the amount decreased by $2000 each time. At an interest rate of 6% per year, compounded semiannually, the equivalent uniform semiannual worth of the royalty payments through the first 4 years is represented by 05 (2 Points)