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Business, 06.03.2020 21:50 dmorinville8

A grateful donor wishes to start an endowment at her alma mater that will provide scholarship money of $75,000 per year beginning now (time 0) and continue each year forever. If the funds earn 20% per year, the amount that she must donate now is:

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A grateful donor wishes to start an endowment at her alma mater that will provide scholarship money...
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