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George Jefferson established a trust fund that provides $179,500 in scholarships each year for worthy students. The trust fund earns an annaul return of 2.4

George Jefferson established a trust fund that provides $179,500 in scholarships each year for worthy students. The trust fund earns an annaul return of 2.4 percent How much money did Mr. Jefferson contribute to the fund assuming that only the interest income is distributed?

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