Yvonne's father was a true believer in giving back. He endowed a program 35 years ago...

 

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Yvonne's father was a true believer in "giving back." He endowed a program 35 years ago to help students receive degrees when they are short on funds. If Yvonne wants to start her own scholarship fund that generates $42,000 annually starting next year, what is the amount she must contribute if earnings remain at 11% per year? The amount she must contribute if earnings remain at 11% per year is $ Yvonne's father was a true believer in "giving back." He endowed a program 35 years ago to help students receive degrees when they are short on funds. If Yvonne wants to start her own scholarship fund that generates $42,000 annually starting next year, what is the amount she must contribute if earnings remain at 11% per year? The amount she must contribute if earnings remain at 11% per year is $

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