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Please help rlly struggling thank you! viewing York Revert to Last Response DETAILS MY NOTES A university alumni group wants to provide a quarterly scholarship

Please help rlly struggling thank you!

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viewing York Revert to Last Response DETAILS MY NOTES A university alumni group wants to provide a quarterly scholarship to current students. If the scholarship amount of $500 is awarded quarterly beginning 3 months from now, and the fund earns Interest at a rate of 4% per year compounded continuously, find the amount of the endowment the alumni are required to make now. $40,000 $60,000 $35,000 $45,000 $50,000

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