An observatory has a telescope that requires an initial investment of $$ 25,000$. A benefactor will provide
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An observatory has a telescope that requires an initial investment of $\$ 25,000$. A benefactor will provide a $\$ 7,500$ gift every 5 years as long as the university makes the telescope available to the public. If the university MARR is $8 \%$, what is the EUAW of this project?
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