Question: Please show work. 17. If a company wanted to create a scholarship fund at a particular college that would eternally pay $1512 dollars to a

Please show work.

Please show work. 17. If a company wanted to create a scholarship

17. If a company wanted to create a scholarship fund at a particular college that would eternally pay $1512 dollars to a different deserving student each year, compute how much money the company needs to donate to the college to do so if interest rates are 5%

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