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2. Bridget expects to give NMU Foundation $25,000 per year in perpetuity for the award of scholarships to students in the College of Business. If
2. Bridget expects to give NMU Foundation $25,000 per year in perpetuity for the award of scholarships to students in the College of Business. If NMU can negotiate a 14 % interest rate forever with Flagstar Bank, how much in lump sum will she have to donate to this Foundation? $178,571 $350.000 $285,000 $219,298 $100,000
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