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Four organization has raised $350,000 to provide a $25,000 scholarship to a deserving student. They want the scholarship to last indefinitely. What interest rate do
Four organization has raised $350,000 to provide a $25,000 scholarship to a deserving student. They want the scholarship to last indefinitely. What interest rate do they need to earn on the account? If they actually earn 5% interest, but still want to provide the $25,000 scholarship, how long will the money last
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