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Salma wants to give an annual charity of 388795 per year and 30000 every 10 years forever. She decided to put a lump sum amount
Salma wants to give an annual charity of 388795 per year and 30000 every 10 years forever. She decided to put a lump sum amount now into an investment that earns 10% per year. What amount should she put now into this investment to guarantee this annual charity?
Select one: a. 3906760
b. 3889831
c. 3917950
d. 4187950
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