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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 at

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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 at the beginning of each six-month period (so payments and compounding occur semannually forever, and she can earn an average return represented as a 30% 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.) A. 5127,777.78 8. 563,888.89 C. $130,077.78 D. 513,693.22 E. $132.377.78

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