what endownment is required to establish a perpetuity with an ongoing cost of $ 6 0 0

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what endownment is required to establish a perpetuity with an ongoing cost of $

6000

at the end of each month, if interest is

6 %

compounded daily in perpetuity?

Related Book For answer-question

Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118983270

7th edition

Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith

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Posted Date: Apr 20, 2024 12:31 AM

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what endownment is required to establish a perpetuity with an ongoing cost of $ 6 0 0

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Answer So the endowment required t... View the full answer

Government and Not for Profit Accounting Concepts and Practices

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