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A wealthy benefactor wants to make a donation to a charity that will provide the charity with annual income of $400,000 forever, with the first

A wealthy benefactor wants to make a donation to a charity that will provide the charity with annual income of $400,000 forever, with the first payment to the charity made exactly 10 years from today. Assume that money donated to the charity will be invested in an account that earns 10%. How large must the donation be to generate the desired income stream?

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