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An endowment fund of $20,000 is to pay out $R every year forever, with the first payment made exactly 2 years from now. If j1
An endowment fund of $20,000 is to pay out $R every year forever, with the first payment made exactly 2 years from now. If j1 = 7%, what is R?
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Engineering economy
Authors: Leland Blank, Anthony Tarquin
7th Edition
9781259027406, 0073376302, 1259027406, 978-0073376301
