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Ms. Freeman wants to create a foundation that provides $100,000 public service funding a year, starting 6 years later. Suppose the interest rate is 7.5%
Ms. Freeman wants to create a foundation that provides $100,000 public service funding a year, starting 6 years later. Suppose the interest rate is 7.5% annual compounding, The capital needed today is $ (rounded to two decimals) Note: do not include $ and thousand separator in your number
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