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An investment promises to pay $100 per month forever. If your personal interest rate is 4.8% APR (with monthly compounding), how much can you pay

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An investment promises to pay $100 per month forever. If your personal interest rate is 4.8% APR (with monthly compounding), how much can you pay for this opportunity today? (round to the nearest dollar) $4,167 $8,333 $2,083 $480 $25,000

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