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Question: The director of a nonprofit ballet company in a medium-sized U.S. city is planning its next fundraising campaign. In recent years, the program has found the following percentages of donors and gift levels:
Average Number
Gift Level Amount of Gifts
Benefactor $10,000 3
Philanthropist $5,000 10
Producer's Circle $1,000 25
Director's Circle $500 50
Principal $100 7% of solicitations
Soloist $50 12% of solicitations
Develop a spreadsheet model to calculate the total amount donated based on this information if the number of the company contacts 1000 potential donors to donate at the $100 level or below.
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andy bobby and charlie are cousins. they decided to form an investment club. each contributed 5000 and the club
You will save all payments in the bank which pays a rate 6% per year. How much you will have in year 24? How much you would have to put in the bank today in order to have the same amount of money in year 24?
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