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An anonymous donor wishes to give an endowment that willinitially pay out $50,000 per year forever. Assuming they cansecure a 4% interest rate, how much

An anonymous donor wishes to give an endowment that willinitially pay out $50,000 per year forever. Assuming they cansecure a 4% interest rate, how much would the donor need tocontribute to the end 2 answers

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