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QUESTION A city sells plots in its cemetery for 51000 plus an amount calculated to provide for the cost of maintaining the grounds in perpetuity.

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QUESTION A city sells plots in its cemetery for 51000 plus an amount calculated to provide for the cost of maintaining the grounds in perpetuity. This is figured at 125 per pot due at the end of each quarter. If the city can invest the funds to earn compounded annually in perpetuty what is the price of a plot? point O $3240.50 O 5312047 53000 51200 53050,35

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