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lumnus wants to donate a sum of money to BCIT that will provide a scholarship of $ 7 5 0 . 0 0 ths forever.

lumnus wants to donate a sum of money to BCIT that will provide a scholarship of $750.00 ths forever. If money can be invested at 8% compounded semi-annually and the first payme warded at the end of 1 year, how much must he donate today?
19,500
18,028.85
9,375
18,750
17,335.43
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