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A charity is established to donate $2.25 million each year forever, assume funds are invested at 7.5%. how much money should be deposited in the

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A charity is established to donate $2.25 million each year forever, assume funds are invested at 7.5\%. how much money should be deposited in the charity fund now to be able to satisfy the yearly donations (the value of the fund). Select one: a. 0.1687 million b. 30 million c. 2.25 million d. 2.42 million

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