Business, 22.02.2021 19:10 jrsavala559p9969g

An alumnus of West Virginia University wishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely. The donor plans to give money now and for each of the next 2 years. If the size of each donation is exactly the same, the amount that must be donated each year at i = 8% per year is closest to:___. a) $190.820.
b) $122.280.
c) $127.460.
d) $132.040.

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