The local botanical society wants to ensure that
Chapter , Problem 5-56(choose chapter or problem)
The local botanical society wants to ensure that thegardens in the town park are properly cared for.The group recently spent $100,000 to plant the gar-dens. The members want to set up a perpetual fundto provide $100,000 for future replantings of thegardens every 10 years. If interest is 5%, how muchmoney would be needed to forever pay the cost ofreplanting?
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