How much money did the firm contribute to the fund

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Question: Wicker Imports established a trust fund that provides $155,300 in scholarships each year for needy students. The trust fund earns a 4.00 percent rate of return. How much money did the firm contribute to the fund assuming that only the interest income is distributed? The answer must be typed, in times new roman font (size 12), and must follow APA format.

Reference no: EM132086214

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