Question: A college estimates that its new campus center will require $9300 for upkeep at the begin of each half-year for the next 13 years and

A college estimates that its new campus center will require $9300 for upkeep at the begin of each half-year for the next 13 years and $900 at the end of each half-year thereafter, indefinitely. If money is worth 12.51 % effective, how large an endowment is necessary for the future upkeep of the campus center

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