How much should the college invest in the fund if the fund
A college plans to set up an endowment fund that will provide a scholarship of $2,500 at the end of every quarter, in perpetuity. How much should the college invest in the fund, if the fund earns 4.00% compounded quarterly?
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a college plans to set up an endowment fund that will provide a scholarship of 2500 at the end of every quarter in
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