In order to create an endowment, which pays $100,000 per year, forever, how much money must be

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In order to create an endowment, which pays $100,000 per year, forever, how much money must be set aside today in the rate of interest is 10%?

If the first perpetuity payment will not be received until four years from today, how much money needs to be set aside today?

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Statistics for Business Decision Making and Analysis

ISBN: 978-0321890269

2nd edition

Authors: Robert Stine, Dean Foster

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Posted Date: Nov 02, 2018 11:23 AM

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In order to create an endowment, which pays $100,000 per year, forever, how much money must be

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Statistics for Business Decision Making and Analysis

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