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Business, 18.11.2020 16:50 kharmaculpepper

Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the corpus will be placed to earn interest is 5.5% and if the inflation rate is 4.0%, how much will she have to donate?

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Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the...
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