mance Calculator C Question 13 (1 Point) Stockhol... G Lauren R Previous Next Options -...

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mance Calculator C Question 13 (1 Point) Stockhol... G Lauren R Previous Next Options - rk - 3 attempts Ifridah Okeyo: Attempt 1 False Question 3 (0.2 points) How much would you need to gift to the university today to establish a scholarship fund that pays out $30000 in scholarships in one year and grows the scholarship payout by 3% per year? Assume that the university endowment earns 8% per year on its investments. Your

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