"A rich donor gives a hospital $15000 one year from today. Each year after that,...
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"A rich donor gives a hospital $15000 one year from today. Each year after that, the hospital will receive a payment 2% larger than the previous payment, with the last payment occurring in 6 years' time. What is the present value (PV) of this donation, given that the interest rate is 6\%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5\%, enter 0.05 as an
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