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Question 10 1 pts A successful OIT graduate wants to set up an endowment that will pay $50,000 per year forever for maintenance of her
Question 10 1 pts A successful OIT graduate wants to set up an endowment that will pay $50,000 per year forever for maintenance of her favorite mountain bike trail. If the interest rate is 5%, how much must she set aside today to fund this endowment? $25,000 $50,000 $500,000 $1,000,000
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