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You would like to establish a scholarship fund to provide $110,000 a year forever for UCR students. If your expected annual rate of return is

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You would like to establish a scholarship fund to provide $110,000 a year forever for UCR students. If your expected annual rate of return is 5.45%, how much do you need to deposit today to fund this scholarship? $2,458,122 $2,201,835 $2,568,807 $2,018,349 $2,521,212

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