Western Pipelines pays $420 at the beginning of every half-year for using a tract of land....
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Western Pipelines pays $420 at the beginning of every half-year for using a tract of land. What should the company offer the property owner as a purchase price if interest is 11.6% compounded annually? The company should offer $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Western Pipelines pays $420 at the beginning of every half-year for using a tract of land. What should the company offer the property owner as a purchase price if interest is 11.6% compounded annually? The company should offer $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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