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46. If Lisa Hamilton wants to fund a scholarship that would pay $15,300 per year forever at GSU, how much would Lisa have to deposit

46. If Lisa Hamilton wants to fund a scholarship that would pay $15,300 per year forever at GSU, how much would Lisa have to deposit today if she wanted the scholarship to start paying five (5) years from today? Assume the endowment could earn 6.95% p.a. interest forever.

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