Business, 19.03.2020 02:39, jorgefrom584

You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to deposit today in one lump sum to achieve this goal if you can earn a guaranteed 4.5 percent rate of return?

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You would like to establish a trust fund that would provide annual scholarships of $100,000 forever....