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After graduating from college you decided to create a scholarship for future Calu business students. The scholarship will pay $2,750 per year. If you can

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After graduating from college you decided to create a scholarship for future Calu business students. The scholarship will pay $2,750 per year. If you can earn 6.45% annually on your investment, how much do you need to set aside today to ensure the scholarship can payout every year? $426 $42,636 $17,737 $23,921

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