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Western Pipelines pays $300 at the beginning of every quarter for using a tract of land. What should the company offer the property owner as

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Western Pipelines pays $300 at the beginning of every quarter for using a tract of land. What should the company offer the property owner as a purchase price if interest is 3.2% compounded annually? The company should offer $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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