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Business, 07.04.2020 17:26 bobiscool3698

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $ 9 comma 000 in the first year, and will grow by 5% per year, forever. If the interest rate is 10%, how much must Martin provide to fund this bequest?

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Martin wants to provide money in his will for an annual bequest to whichever of his living relatives...

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