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Question 15 10 points Save A You wish to establish an endowment fund that will provide students with a 57,583 scholarship every quarter perpetually To

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Question 15 10 points Save A You wish to establish an endowment fund that will provide students with a 57,583 scholarship every quarter perpetually To finance the scholarships you will make a series of equal deposits into a savings account. The deposits will be made quarterly, with the first one today and the final one in 9 years. The first scholarship is to be awarded one quarter atter the last deposit. The savingsrate is 6.00. compounded quarterly How much sould you deposit be? Moving to another question will save this response. Question 15 of 16 Question 15 10 points You wish to establish an endowment fund that will provide students with a 57, 583 scholarship every quarter, perpetually To finance the scholarships you will make a series of equal deposits into a savings account. The deposits will be made quarterly, with the first one today and the final one in 9 years. The first scholarship is to be awarded one quarter after the last deposit . The savings rate is 6.04 compounded quarterly How much should voor deposit be

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