An alumnus of westvirginia university wishes to start an


An alumnus of WestVirginia University wishes to start an endowment that will providescholarship money of $40,000 per year beginning in year 5 andcontinuing indefinitely. The donor plans to give money nowand for each of the next 2 years. If the size of each donation isexactly the same, the amount that must be donated each year ati = 8% per year is?

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Econometrics: An alumnus of westvirginia university wishes to start an
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