Solution-What amount must you donate to endow the

What amount must you donate to endow the scholarship

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You want to endow a scholarship that will pay $10,000 per year forever, starting one year from now. If the school's endowment discount rate is 7%, what amount must you donate to endow the scholarship?

Reference no: EM13512129

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What amount must you donate to endow the scholarship : You want to endow a scholarship that will pay $10,000 per year forever, starting one year from now. If the school's endowment discount rate is 7%, what amount must you donate to endow the scholarship?

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What amount must you donate to endow the scholarship

Reference no: EM13512129

Reference no: EM13512129

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