5A. A non-government agency is funding annual seminar on campus by using earnings of a $100,000 gift. It is estimated that 12% interest rate will be realized in the first 10 years, but only 6% may be...

Extracted text: 5A. A non-government agency is funding annual seminar on campus by using earnings of a $100,000 gift. It is estimated that 12% interest rate will be realized in the first 10 years, but only 6% may be anticipated after that. What uniform annual payment may be established from the beginning to fund the seminar at the same level into infinity? An additional gift of $10000 was received in the agency at the end of 5 years, A i. ii. which they have deposited in the seminar account. What will be the new annual payment starting from 6th year to infinity? (HUM 3051) Page 2 o II