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Find the amount of money invested today at 6% compounded annually which will provide a scholarship of $1,200 at the end of every year in

Find the amount of money invested today at 6% compounded annually which will provide a scholarship of $1,200 at the end of every year in perpetuity. Select one: O a 20,000 b. 21,000 C. 17000 d. 19000 e. 18000

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