You work for a local nonprofit in fundraising. A benefactor offers to gift the organization $50,000 now
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Question:
You work for a local nonprofit in fundraising. A benefactor offers to gift the organization $50,000 now or $100,000 in 7 years. You know that the organization can invest the funds and receive a guaranteed 4% return for 7 years. Which option would you choose for the organization (assuming there is no uncertainty around receiving the gift in 7 years)?
Related Book For
Business and Administrative Communication
ISBN: 978-0073403182
10th edition
Authors: Kitty o. locker, Donna s. kienzler
Posted Date: