You want to endow a scholarship that will pay $13000 per year forever, starting one year from now. If the school's endowment discount rate is 6%, what amount must you do…

Question

asked Jul 10, 2020 40.6k views

1 Answer

← Prev Question Next Question →

Ask a Question

Jake Sankey · Answer 1 · 2020-07-16T11:40:30+0000

Answer:

The answer of the exercise is attached in the microsoft excel document.

Explanation:

There are two images attached. The first one has the answers, and the second one have the operations displayed and necessary to obtain the results demanded.

You want to endow a scholarship that will pay $13000 per year forever, starting one-example-1

You want to endow a scholarship that will pay $13000 per year forever, starting one-example-2

You want to endow a scholarship that will pay $13000 per year forever, starting one year from now. If the school's endowment discount rate is 6%, what amount must you do…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions

You want to endow a scholarship that will pay $13000 per year​ forever, starting one year from now. If the​ school's endowment discount rate is 6%​, what amount must you do…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions

You want to endow a scholarship that will pay $13000 per year forever, starting one year from now. If the school's endowment discount rate is 6%, what amount must you do…