the charity events is expected to rise $50000.Some is to be given to the charity immediately while the rest will be placed in an annuity that gives the charity a payment of $3000 at the end of each year for the next 10 years, the annuity pays 4% interest per year, compounded monthly. determine how much they need to invest in the aunity, and how much will be left to donate to the charity immediately.
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okkkk.i will. thank you for asking this question.
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