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The prize will give out perpetually 250,000 each in 4 sciences (Economics, Mathematics, Literature, Philosophy) If the interest rate is 6 (APR), interest payments are

The prize will give out perpetually 250,000 each in 4 sciences (Economics, Mathematics, Literature, Philosophy) If the interest rate is 6 (APR), interest payments are paid annually, and you want to hand out the prize starting ten years from now, how much should you endow today

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