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QUESTION 2 Sue has an investment worth $ 2 3 6 , 0 0 0 . 0 0 . The investment will make a special

QUESTION 2
Sue has an investment worth $236,000.00. The investment will make a special payment of x to Sue in 4 quarters in addition to making regular quarterly payments to Sue forever. The first regular quarterly payment to Sue is expected to be $1,900.00 and will be made in 3 months. All subsequent regular quarterly payments are expected to increase by 0.19 percent per quarter forever. The expected return for the investment is 1.13 percent per quarter. What is x, the amount of the special payment that will be made to Sue in 4 quarters?
$70,977.99(plus or minus 10 dollars)
$68,375.60(plus or minus 10 dollars)
$35,429.52(plus or minus 10 dollars)
$33,872.34(plus or minus 10 dollars)
none of the answers are within 10 dollars of the correct answer
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