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Mathematics, 28.03.2021 22:30 natalie2sheffield

The Finance Club would like to endow an annual prize of $1500 to the student who shows the most promise as a future stockbroker. The club is confident that it can invest
indefinitely at an interest rate of at least 4.5% a year. How much does the club need to
endow its prize?

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Answers: 1

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