Question: 5 30 . . : 1 55 50 (). 5 8 5 25 1. A donor (you) wishes to start an endowment that will provide

5 30 . . : 1 55 50 (). 5 8

5 30 . . : 1 55 50 (). 5 8 5 25 1. A donor (you) wishes to start an endowment that will provide scholarship money of $50,000 per year beginning in year 5 and continuing indefinitely. If the university earns 11% per year on the endowment, the amount you must donate now is closest to: $2.48,360 A 22,470 B[ 3273,200 _ 326973 5 8 I E Elif / hp

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