K You want to endow a scholarship now that will pay $5,000 per year forever, starting...
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K You want to endow a scholarship now that will pay $5,000 per year forever, starting the first award 10 years from now. If the school's endowment discount rate is 6%, what amount must you donate today to endow the scholarship? rrect: K You want to endow a scholarship now that will pay $5,000 per year forever, starting the first award 10 years from now. If the school's endowment discount rate is 6%, what amount must you donate today to endow the scholarship? rrect:
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