Question: Time left 1 : 5 0 : 0 8 A company plans to set up a scholarship fund that will provide $ 2 0 ,

Time left 1:50:08
A company plans to set up a scholarship fund that will provide $20,000 annually forever. If the required rate of return is 4%, what is the present worth of the fund?
a.700000
b.900000
C.500000
d.300000
Time left 1:50:08 A company plans to set up a scholarship

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