Ally has $200,000 savings and wishes to leave a provision in her will that a certain amount

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Ally has $200,000 savings and wishes to leave a provision in her will that a certain amount will be paid quarterly in perpetuity to a local charity. How much can she provide every three months if the interest rate is 6% p.a.?

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Oct 12, 2023 04:11 AM

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Ally has $200,000 savings and wishes to leave a provision in her will that a certain amount

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Financial Accounting and Reporting a Global Perspective

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