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An engineering college want to create a $34,610 trust fund for course textbooks each semester during the regular school (two times a year). If the

An engineering college want to create a $34,610 trust fund for course textbooks each semester during the regular school (two times a year). If the fund has a 13% nominal interest rate compounded biannually, how much must be in the fund to start to keep it going indefinitely?

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