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Mr . Smart wants to set up an annual scholarship by donating $ 5 0 0 0 0 in perpetuity to the scholarship fund of
Mr Smart wants to set up an annual scholarship by donating $ in perpetuity to the scholarship fund of his university. If the first payment is to be made in years, and interest is compounded annually, what is the amount of the annual scholarship paid at the beginning of every year?
Mr Smart wants to set up an annual scholarship by donating $ in perpetuity to the scholarship fund of his university. If the first payment is to be made in years, and interest is compounded annually, what is the amount of the annual scholarship paid at the beginning of every year?
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