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please tell me in a detail way don't use excel Jon September 1, 2010, a philanthropist gives a university a fund of $50 000, which

please tell me in a detail way

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don't use excel

Jon September 1, 2010, a philanthropist gives a university a fund of $50 000, which is invested at i(2) = 6%. If semi-annual scholarships are awarded for 20 years from this grant, what is the size of each scholarship if the first one is awarded on a) September 1, 2010; b)September 1, 2012

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