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How much money is needed to establish a scholarship fund paying $60,000 annually (forever) if the fund will earn interest at 6% p.a. and if
How much money is needed to establish a scholarship fund paying $60,000 annually (forever) if the fund will earn interest at 6% p.a. and if the first payment is made after one year?
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
