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Ms . Angelica Galli is an attacking midfielder for Atrani Women Football Club ( AWFC ) , a first - division women's soccer team. She
Ms Angelica Galli is an attacking midfielder for Atrani Women Football Club AWFC a firstdivision
women's soccer team. She has decided to invest her annual bonus of $ in an investment
account offering percent interest per year. Ms Galli's bonus is expected to increase at a constant rate
of percent per year over the next five years.
MS does not withdraw any money from the investment account, how much money can she accumulate
after tax at the end of year Atrani FC pays players bonuses at the end of each year. Ms Galli must pay
a flat tax rate of percent on the balance of the investment account at the end of year five.
In addition, suppose Ms Galli decides to donate the investment account balance at the end of year five to
the United Nations Women's Soccer League Association UNWSLA starting in year six and going
through infinity. How much could Ms Galli afford to pay at maximum to UNWSLA per year?
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