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Business, 17.03.2020 01:22 leeshaaa17

Award a scholarship of $30,000 each year. The family wants the yearly awards to continue indefinitely. Assume that the fund will earn a fixed interest rate of 6% per year, compounded continuously. What is the size of the initial investment that the family must

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Award a scholarship of $30,000 each year. The family wants the yearly awards to continue indefinitel...
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