What amount of money deposited fifty years ago, Microeconomics

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What amount of money deposited fifty years ago

Problem

What amount of money deposited 50 years ago at 8% interest would provide a perpetual payment of $10,000 a year beginning this year?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What amount of money deposited fifty years ago

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Microeconomics: What amount of money deposited fifty years ago

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