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The Metropolitan Museum has received a charitable donation of $ 2 , 0 0 0 , 0 0 0 , which is to be used

The Metropolitan Museum has received a charitable donation of $2,000,000, which is to be used to purchase new exhibits at the end of every three months. If the money earns 12% compounded annually, how much could be paid out every three months in perpetuity? $24,000 $60,000 $57.475 $114,704

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