Question: Question 27 in order to create an endowment, which pays 570,000 per year forever, how much money must be set aside today if the interest

 Question 27 in order to create an endowment, which pays 570,000

Question 27 in order to create an endowment, which pays 570,000 per year forever, how much money must be set aside today if the interest rate is any A $850,000 8. 5750,000 C. 5880,000 D. 5875,000

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