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Score: 0 of 1 pt 3 of 12 (2 complete) HW Score: 2.78%, 0.33 of 12 pts Question Help Problem 5-3 (algorithmic) An award is
Score: 0 of 1 pt 3 of 12 (2 complete) HW Score: 2.78%, 0.33 of 12 pts Question Help Problem 5-3 (algorithmic) An award is being established, and it will pay $9.900 every four years, with the first installment being paid in four years. The award will be given for an indefinitely long period of time. If the interest rate is 4% per annum, what lump-sum amount of money invested now) will be required to endow this award forever? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 4% per year. The lump-sum amount of money required to endow this award forever is $ (Round to the nearest dollar) 1. TUNC VOIN Ulap. U 3 of 12 (2 complete) HY More Info cooAWN 1.0816 1.1249 1.1699 1 2167 1.2653 13159 1.3686 1 4233 0.9246 0.8890 0.8548 0.8219 0.7903 0.7599 0.7307 0 7026 2.0400 3.1216 4.2465 5.4163 6.6330 7.8983 9.2142 10 5828 1.8861 2.7751 3.6299 4.4518 52421 6.0021 6.7327 7 4353 0.4902 0.3203 0.2355 0.1846 0.1508 0.1266 0.1085 0 0945 0.5302 0.3603 02755 0.2246 0.1908 0.1666 0.1485 01345 Print Done
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