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You want to endow a scholarship that will poy 57,000 per year forever, Marting one yeer trom now. If the schools endowment dicount rate in

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You want to endow a scholarship that will poy 57,000 per year forever, Marting one yeer trom now. If the schools endowment dicount rate in 4%, whut amourt must you denate to endow the schoiarthie? The ancuent you must scrate is 1 (Round to the nearest cont)

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