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Your father wishes to start an endowment that will provide scholarship money of $30,000 per year beginning in year 5 and continuing indefinitely. If the
Your father wishes to start an endowment that will provide scholarship money of $30,000 per year beginning in year 5 and continuing indefinitely. If the university earns 10% per year on the endowment, the amount your father must donate now is closest to $-234900 AO $-204900 $-214900 .CO $-224900 DO
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