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QUESTION 5 You recently contributed $125,000 to the Department of Economics & Finance at UTRGV to start an annual scholarship in your name for finance
QUESTION 5 You recently contributed $125,000 to the Department of Economics & Finance at UTRGV to start an annual scholarship in your name for finance majors forever. If the fund can earn 5.75% annually, how much in annual scholarship money does your donation provide? (round to the nearest whole dollar) C$7,188 C$2,173,913 C $718,750 C $7,214
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