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You want to leave an endowment at your university. You want to have an endowment that pays $50,000 worth of scholarships per year. At 5%

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You want to leave an endowment at your university. You want to have an endowment that pays $50,000 worth of scholarships per year. At 5% interest how much will you need to contribute $500,000 $750,000 $1,000,000 $1,250,000

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