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Answer A Question 1 4 ( 1 point ) Retake question You want to endow a scholarship that will pay $ 9 , 0 0

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A Question 14(1 point) Retake question
You want to endow a scholarship that will pay $9,000 per year forever, starting 10
years from now. If the school's endowment earns 6% per year, what amount must
you donate today to endow the scholarship? Round your answer to the nearest
dollar.
Your Answer:

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