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Funds were donated to set up a trust from which a payment in the amount of $2141 will be made to a local charity at
Funds were donated to set up a trust from which a payment in the amount of $2141 will be made to a local charity at the beginning of every month. If the payments are to continue in perpetuity, and the interest rate is 4.7% compounded quarterly, then what amount (in $) was donated? Answer: Check
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