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You are head of the Schwartz Family Endowment for the Arts. You have decided to fund an arts school in the San Francisco Bay area
You are head of the Schwartz Family Endowment for the Arts. You have decided to fund an arts school in the San Francisco Bay area in perpetuity. Every
years you will give the school $ comma
The first payment will occur
years from today. If the interest rate is
per year, what is the present value of your gift?
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The PV of the gift is $enter your response here
Round to the nearest dollar
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