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Clarissa wants to fund a growing perpetuity that will pay $10,000 per year to a local museum starting Next year. She wants the annual amount

Clarissa wants to fund a growing perpetuity that will pay $10,000 per year to a local museum starting Next year. She wants the annual amount paid to the museum to grow by 5% per year. Given that the intrest rate is 9%. how much does she need to fund this perpetuity?

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