Mathematics
Mathematics, 19.03.2020 09:02, boomerjm

A donor gives $100,000 to a university, and specifies that it is to be used to give annual scholarships for the next 20 years. If the university can earn 4% interest, how much can they give in scholarships each year?

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A donor gives $100,000 to a university, and specifies that it is to be used to give annual scholarsh...

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