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Suppose you are trying to establish a Foundation to fund a scholarship in your name and will like to determine how much is required for
Suppose you are trying to establish a Foundation to fund a scholarship in your name and will like to determine how much is required for an investment that will make an annual payment forever. The current market rates will mean a percent return earning for such investments.
A How much you need to donate to fund a scholarship that pays $ every year forever?
B How much money would you need to donate if the market return increases to percent?
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