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. How much money must Ms. Lincoln have on deposit today at the LeRoy Credit Union if she wants to be able to withdraw $2,300
. How much money must Ms. Lincoln have on deposit today at the LeRoy Credit Union if she wants to be able to withdraw $2,300 at the beginning of each six-month period (so payments and compounding occur semiannually) forever, and she can earn an average return represented as a 3.6% annual percentage rate (APR)? [Preceding question 4 involved a perpetuity, or stream of unending payments, that will occur at the beginning of each annual period.] O A. $127,777.78 B. $63,888.89 C. $130,077.78 D. $13,693.22 O E. $132,377.78
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