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Suppose that you want to set up a scholarship fund at your Alma mater that provides $12,000 to qualified students per year indefinitely. If the

Suppose that you want to set up a scholarship fund at your Alma mater that provides $12,000 to qualified students per year indefinitely. If the interest rate offered is 7.5%, how much would you have to invest today to set up the scholarship? how would your answer change if any, interest rates were expected to decrease in the near future. Explain your answer using the appropriate equations. Your explanation determines your grade. Show all your work and relevant equations,not just calculator functions

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