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help Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide
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Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $5000 in the first year, and will grow by 6% per year, forever. If the interest rate is 8%, how much must Martin provide to fund this bequest? $240,000.00$250,000.00$210,000,00$200,000.00 Step by Step Solution
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