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How much money should a person donate today in order for equal annual scholarships of $350 to be awarded forever if the first scholarship is
How much money should a person donate today in order for equal annual scholarships of $350 to be awarded forever if the first scholarship is awarded at the end of 15 years? The scholarship fund earns 6.5% compounded annually. $
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
