Mathematics, 06.05.2020 00:08 Jimenezmiranda
You plan to set up an endowment at your alma mater that will fund $209,000 of scholarships each year indefinitely. If the principal (the amount you donate) can be invested at 5.0 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
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With this question! what is process of elimination? ? p.s. my brothers acc got banned so add his new one @ yamauchiyamyam17
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You plan to set up an endowment at your alma mater that will fund $209,000 of scholarships each year...
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