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Question 10 1 pt Hika Makinen wants to set up a scholarship at his university. He is willing to invest $400,000 in an account earning

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Question 10 1 pt Hika Makinen wants to set up a scholarship at his university. He is willing to invest $400,000 in an account earning 4.75 percent. What will be the maximum amount of the annual scholarship payment that can be made for forever? $19,000 $19,200 $16,500 $17.500 $8,421,053

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