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Your company has a generous guaranteed retirement plan for its employees. The company has decided to set up a Trust Fund with $37,500,000 so that

Your company has a generous guaranteed retirement plan for its employees. The company has decided to set up a Trust Fund with $37,500,000 so that it could meet its retirement plan obligations. If the firm expects to earn 4% annually on Funds invested monies, how much benefits it will be able to pay out each year, forever?

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