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(2 POINTS) 5. You want to endow an annual MBA graduation party at your alma mater. You want the event to be a memorable one,

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(2 POINTS) 5. You want to endow an annual MBA graduation party at your alma mater. You want the event to be a memorable one, so you budget $40,000 per year forever for the party. If the university earns 10% per year on its investments, and if the first party is in two years' time, how much will you need to donate to endow the party

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