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What sum of money must be deposited in a trust fund to provide a scholarship of $800 payable at the end of each month if

What sum of money must be deposited in a trust fund to provide a scholarship of $800 payable at the end of each month if the interest is 20% compounded yearly? Select one: O a. $2000 O b. $6000 c. $8000 O d. $4000

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