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youwant to endow a scholarship that eill pay $12,000 per year forever,starting one year from now. if the schools endowment discount rateis 9% what amount

youwant to endow a scholarship that eill pay $12,000 per year forever,starting one year from now. if the schools endowment discount rateis 9% what amount must you denote to endow the acholarship? 2 answers

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