i need help

1.

You plan to set up an endowment at your alma mater that will fund $ 205,000 of scholarships each year indefinitely. If the principal (the amount you donate) can be invested at 4.0 percent, compounded annually, how much do you need to donate to the university today, so that the first scholarships can be awarded beginning one year from now? (Round answer to 2 decimal places, e.g. 52.75.) Present value $Kimberly Young wants to open a restaurant in a historic building. The property can be leased for 20 years, but not purchased. She believes her restaurant can generate a net cash ow of $?5,000 the rst year and expects an annual growth rate of 3 percent thereafter. If a discount rate of 17 percent is used to evaluate this business, what is the present value of the cash flows that it will generate? {Round factorvalues to 5 decimalplaces. as. 1.52145 and nalanswer to 2 decimal places. es. 5275.; Presentvalue $ I A credit card offers financing at an APR of 12.5 percent, with monthly compounding on outstanding charges. What is the effective annual rate (EAR)? (Round answer to 2 decimal places, e.g. 52.75%.) Effective annual rate %Jason Allen currently has $9.300 in the bank earning interest of 8 percent per year, compounded monthly. If he needs $25,600 to purchase a car and can save an additional $100a month stating at the end of this month, how long will it take him to accumulate the $25,600? {Round all into-mediate transactions to 5 decimal places and nal answers to 1 declmal place, 23 52.1} Number of years l years Number of months l months