The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot will receive $600 at the end of January, $2,000 at the end of February, $3,400 at the end of March, and so on up to $16,000 at the end of December. At the beginning of the next year, the sequence repeats starting at $600 in January and ending at $16,000 in December. This annual sequence of payments repeats indefinitely. If the gaming commission expects to sell a minimum of 1,200,000 tickets, what is the minimum price they can charge for the tickets to break even, assuming the commission earns 3.00 %/year/month on its investments and there is exactly one winning ticket? $ 2.71 Do all calculations to 5 decimal places and round final answer to 2 decimal places. Tolerance is $0.03. Click here to access the TVM Factor Table Calculator W