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Question 20 (1 point) SA is invested today into a scholarship fund earning 11 - 8%. The first scholarship (paid 1 year from now) is

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Question 20 (1 point) SA is invested today into a scholarship fund earning 11 - 8%. The first scholarship (paid 1 year from now) is $1000 and each succeeding scholarship is $2000 a year What is A? (nearest dollar) 82,134 $24024 26.00

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