Question: Emily Bennett is setting up an annuity for a memorial scholarship. What lump sum does she need to set aside today at 7% annual

Emily Bennett is setting up an annuity for a memorial scholarship. What

Emily Bennett is setting up an annuity for a memorial scholarship. What lump sum does she need to set aside today at 7% annual interest to have the scholarship pay $ 30,000annually for 10 years?

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