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please help. Thank you! mer A 2020 April wants to create a scholarship fund by saving for several years before the fund starts making annual
please help. Thank you!
mer A 2020 April wants to create a scholarship fund by saving for several years before the fund starts making annual scholarship payments forever. She plans to save 23,900 dollars per year for 3 years. Her first savings contribution is expected inter today. How much can the fund be expected to provide each year for scholarships it the fund is expected to earn 17.46 percent per year, make equal scholarship payments forever, and make its first scholarship payment in 4 years? Number Step by Step Solution
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