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The Cambrian Foundation collected money from a donor in order to set up a ${A} scholarship to be paid out at the beginning of every
The Cambrian Foundation collected money from a donor in order to set up a ${A} scholarship to be paid out at the beginning of every school year. However, the donation will first earn interest for {B} years prior to the first scholarship being awarded. If interest is {C}% compounded semi-annually throughout this problem, what is the size of the donation today? Use the partial timeline below to help you
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