The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot will receive $1,500 at the end of January, $2,900 at the end of February, $4,300 at the end of March, and so on up to $16,900 at the end of December. At the beginning of the next year, the sequence repeats starting at $1,500 in January and ending at $16,900 in December. This annual sequence of payments repeats indefinitely. If the gaming commission expects to sell a minimum of 1,000,000 tickets, what is the minimum price they can charge for the tickets to break even, assuming the commission earns 12.00 %/year/month on its investments and there is exactly one winning ticket? 0.84 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 Click if you would like to Show Work for this question: Open Show Work