Southern Estate Inc. recently donated $500,000 to Georgia Southern University for a scholarship for finance majors/minors....

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Southern Estate Inc. recently donated $500,000 to Georgia Southern University for a scholarship for finance majors/minors. If the endowment earns 5% annually, how much in annu scholarship money does the donation generate? Answer: N (years) RATE FV PV PMT C/Y Beg/End 4 1 von denosit 524 000 into 365 15% 500,000 1 4. If you deposit $24,000 into an account at the beginning of each year (interest compounded annually), versus depositing $2.000 at the end of each month (interest compour what would be the difference in the two accounts after 15 years? Assume that the APR is 8%. Annually Monthly 2 53 4 Answer: N (years) 35 RATE 36 FV 37 PV 36 39 40 41 PMT C/Y Beg/End Difference (Annually-Monthly) 15 8% 24,000 1 0 1 0 Southern Estate Inc. recently donated $500,000 to Georgia Southern University for a scholarship for finance majors/minors. If the endowment earns 5% annually, how much in annu scholarship money does the donation generate? Answer: N (years) RATE FV PV PMT C/Y Beg/End 4 1 von denosit 524 000 into 365 15% 500,000 1 4. If you deposit $24,000 into an account at the beginning of each year (interest compounded annually), versus depositing $2.000 at the end of each month (interest compour what would be the difference in the two accounts after 15 years? Assume that the APR is 8%. Annually Monthly 2 53 4 Answer: N (years) 35 RATE 36 FV 37 PV 36 39 40 41 PMT C/Y Beg/End Difference (Annually-Monthly) 15 8% 24,000 1 0 1 0 Southern Estate Inc. recently donated $500,000 to Georgia Southern University for a scholarship for finance majors/minors. If the endowment earns 5% annually, how much in annu scholarship money does the donation generate? Answer: N (years) RATE FV PV PMT C/Y Beg/End 4 1 von denosit 524 000 into 365 15% 500,000 1 4. If you deposit $24,000 into an account at the beginning of each year (interest compounded annually), versus depositing $2.000 at the end of each month (interest compour what would be the difference in the two accounts after 15 years? Assume that the APR is 8%. Annually Monthly 2 53 4 Answer: N (years) 35 RATE 36 FV 37 PV 36 39 40 41 PMT C/Y Beg/End Difference (Annually-Monthly) 15 8% 24,000 1 0 1 0 Southern Estate Inc. recently donated $500,000 to Georgia Southern University for a scholarship for finance majors/minors. If the endowment earns 5% annually, how much in annu scholarship money does the donation generate? Answer: N (years) RATE FV PV PMT C/Y Beg/End 4 1 von denosit 524 000 into 365 15% 500,000 1 4. If you deposit $24,000 into an account at the beginning of each year (interest compounded annually), versus depositing $2.000 at the end of each month (interest compour what would be the difference in the two accounts after 15 years? Assume that the APR is 8%. Annually Monthly 2 53 4 Answer: N (years) 35 RATE 36 FV 37 PV 36 39 40 41 PMT C/Y Beg/End Difference (Annually-Monthly) 15 8% 24,000 1 0 1 0

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