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reagan wants to fund a scholarship fund with equal annual deposits beginning today. If the fund earns an annual interest rate of 4%, how much

reagan wants to fund a scholarship fund with equal annual deposits beginning today. If the fund earns an annual interest rate of 4%, how much would he have to deposit each year so that the fund could provide a $5000 scholarship each year into infinity with the 1st scholarship being awarded 3 years from today

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