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question 13 (2 points) Listen Jeffery wants to set up a perpetual annual bursary that will pay out $1,750 per year. Assume that money can

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question 13 (2 points) Listen Jeffery wants to set up a perpetual annual bursary that will pay out $1,750 per year. Assume that money can earn 3% compounded annually G1 =3%) for both questions below. Two Questions 1. How much money must you set aside today if the first payment is today (2 decimals)? 2. How much money must you set aside today if the first payment is one year from now (2 decimals)? v Format V BI U ... 1st PMT today 1st PMT in 1 year

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