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10. A wealthy businessman wants to start a permanent fund for supporting research directed toward sustainability. The donor plans to give equal amounts of money

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10. A wealthy businessman wants to start a permanent fund for supporting research directed toward sustainability. The donor plans to give equal amounts of money for each of the next 5 years, plus one now (i.e., six donations) so that RM100,000 per year can be withdrawn each year forever, beginning in year 6 . If the fund earns interest at a rate of 8% per year, determine how much money must be donated each time. Answer: A=RM170,400

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