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Suppose that you want to set up a scholarship fund at your Alma mater that provides $15,000 to qualified students per year indefinitely. If the

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Suppose that you want to set up a scholarship fund at your Alma mater that provides $15,000 to qualified students per year indefinitely. If the interest rate offered is 10%, how much would you have to invest today to set up the scholarship? how would your answer change if interest rates were expected to decline over the course of the 10 years. Explain your answer using the appropriate equations. Your explanation determines your grade. Show all your work and relevant equations

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