Question: answer asap and will thumbs up. NEED IN 10 mins You have become extremely wealthy in large measure due to your Tarleton education. You have

answer asap and will thumbs up. NEED IN 10 mins
answer asap and will thumbs up. NEED IN 10 mins You

You have become extremely wealthy in large measure due to your Tarleton education. You have decided to literally give back. You want to set up a Scholarship fund that will fund a faculty position in finance (of course). Based on your research, a good faculty member would require a compensation package of $150,548 per year (salary, benefits and retirement package). If you assume that you can earn 6,23%, how much will you have to donate to fund this position in perpetuity (enter your answer to the nearest cent)

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