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A wealthy benefactor has donated a sum of money to establish an endowment fund that will be used to support a local museum. The fund

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A wealthy benefactor has donated a sum of money to establish an endowment fund that will be used to support a local museum. The fund earns 2.4% compounded quarterly. The museum received its first semi-annual payment of $30,000 six years after the fund was established. How much money did the benefactor donate? Round your final

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