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Question 7 4 out of 4 points Christina wants to fund a growing perpetuity that will pay $5000 annually to a local charity, beginning next

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Question 7 4 out of 4 points Christina wants to fund a growing perpetuity that will pay $5000 annually to a local charity, beginning next year. She wants the annual amount paid to the charity to grow by 5% per year. If similar charitable contributions earn an interest rate is 8% per year, how much

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