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You are offered a series of monthly payments of $100, continuing forever. If you deposit these at a nominal interest rate of 12%, compounded monthly,

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You are offered a series of monthly payments of $100, continuing forever. If you deposit these at a nominal interest rate of 12%, compounded monthly, what is the Present Worth of the series? $1,200 $10,000 O $12,000 O $15,000 $ 833.33

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