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Southwest Airlines (Ticker: LUV) wants to establish a trust fund that will provide $125,000 in scholarships each year forever for the deserving children of their
Southwest Airlines (Ticker: LUV) wants to establish a trust fund that will provide $125,000 in scholarships each year forever for the deserving children of their employees. The trust fund is expected to earn a fixed 7.25 percent rate of return. How much money does the Southwest Airlines need to contribute to the fund assuming that only the interest income is to be distributed
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