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the Johnson foundation wants to support a permanent fund for medical expense for the senior citizens in need in Spalding county Georgia. they plans to
the Johnson foundation wants to support a permanent fund for medical expense for the senior citizens in need in Spalding county Georgia. they plans to give equal amounts of money for each of the next five years, plus one donation of 110,000 now, so that 160,000 per year can be withdraw each year forever, beginning in year 6. if the fund earns interest at a rate of 10% per year, how much money must be donated each time.
PLZ answer neatly and include a cash flow diagram
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