Martin wants to provide money in his will for annual, Financial Management

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Martin wants to provide money in his will for annual

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $9,000 in the first? year, and will grow by 7?% per? year, forever. If the interest rate is 12?%, how much must Martin provide to fund this? bequest?

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