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Your Aunt Zinnia decides to create an income stream in order to help the family of a distant relative. She specifies that income will be
Your Aunt Zinnia decides to create an income stream in order to help the family of a distant relative. She specifies that income will be paid out at a rate of
thousand dollars per year forever. Her financial advisor recommends that she deposit the exact amount that would allow this stream to continue forever if the
return on investment were a constant In thousands of dollars, what is the size of this deposit?
Aunt Zinnia should deposit thousand dollars.your aunt zinnia
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