Business, 30.03.2021 04:10 thepantsgirl
Aloma, a university graduate who started a successful business, wants to start an endowment in her name that will provide scholarships to CE students. She wants the scholarship to provide $11,000 per year and expects the first one to be awarded on the day she fulfills the endowment obligation. If Aloma plans to donate $250,000, what rate of return must the university realize in order to award the annual scholarship forever
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Aloma, a university graduate who started a successful business, wants to start an endowment in her n...
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