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Amazing Corp. offers to pay you $100 per month forever. If you require 7% rate of annual return, how much will you pay for the
Amazing Corp. offers to pay you $100 per month forever. If you require 7% rate of annual return, how much will you pay for the offer?
a.) $700
b.) $1,714.29
c.) $171.43
d,) $17,142.86
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