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Posted on Sep 07, 2024

Lindas perpetuity is paying her $ 2 0 0 0 every month. The monthly interest rate is 1 % . What is the value of

Lindas perpetuity is paying her $

2000

every month. The monthly interest rate is

1 % .

What is the value of her perpetuity?

*

Answer needs to be to the nearest cent.

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