What amount today would generate a continual 5000 per


Please make sure that you use formulas in Excel or type the answers on the Excel sheet.

Suppose that you want to provide your favorite charity with a continuous cash flow of $5000 per year to support their worthy efforts. At an interest rate of 4%, what amount today would generate a continual $5000 per year?

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Financial Management: What amount today would generate a continual 5000 per
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