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2. (Representation, Calculation, Application/Analysis, Assumptions) You want to start a scholarship fund at your alma mater. You plan to give one $21,000 scholarship annually beginning pne year from now, and you have at most $325,000 to start the fund. You also want the scholarship to be given out indefinitely. Assuming an annual interest rate of 7% compounded continuously, do you have enough money to start the scholarship fund?

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Answer:yes

Explanation:

User Stanleyerror
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