How much would you need to gift to the university today to establish a scholarship fund...
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How much would you need to gift to the university today to establish a scholarship fund that pays out $20000 in scholarships in one year and grows the scholarship payout by 4% per year? Assume that the university endowment earns 5% per year on its investments. Your Answer: How much would you need to gift to the university today to establish a scholarship fund that pays out $20000 in scholarships in one year and grows the scholarship payout by 4% per year? Assume that the university endowment earns 5% per year on its investments. Your Answer:
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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