Business, 19.01.2022 19:20 ricardorendon100

You decide to endow a small scholarship at DePaul. Your gift will generate annual interest of $5,000 starting next year, and then it will grow by 2% annually. If interest rate is 7%, how much must you donate today to fund the scholarship

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You decide to endow a small scholarship at DePaul. Your gift will generate annual interest of $5,000...

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