Find amount of the gift

Assignment Help Business Management
Reference no: EM132726220

A recent alumnus of your university gifted money to the school to fund annual scholarships for needy students. The school expects to earn an average rate of return of 6.5 percent and distribute $40,000 annually in scholarships. What was the amount of the gift?

Show your steps using the financial calculator

Reference no: EM132726220

Questions Cloud

Presentation on in-service programmed hypertension : In-service programmed Hypertension and Outline the importance of advocating for older adults in management of their care
What is the minimum level of EBIT the company needs : As a result of the restructure, what is the minimum level of EBIT the company needs to maintain EPS (the break-even EBIT)
Assignment on oli paradigm : The OLI Paradigm is an attenpt to create overal framework to explain why MNEs choose FDI rather than serve foreign markets through alternative modes
Calculate depreciation expense on the income statement : Find and Calculate Depreciation Expense on the income statement for December 31, Year 2, assuming the straight-line method is used.
Find amount of the gift : The school expects to earn an average rate of return of 6.5 percent and distribute $40,000 annually in scholarships. What was the amount of the gift?
What are challenges to mobile forensics : What are challenges to mobile forensics? What are some mobile forensic tools? Should the analysis be different on iOS vs Android?
How journalize the allocation of net income to each partner : S. Jenson and J. Smith have a partnership that has earned a net income of $106000. Journalize the allocation of net income to each partner based on the
Discuss database system used in company : Discuss a database system used in a company or an organization (It could be your organization, or any other organization).
Prepare journal entries to record the transactions : Prepare journal entries to record the following transactions and events for city's Custodial Fund during calendar year 2020

Reviews

Write a Review

Business Management Questions & Answers

  World is in an increasing considerable change

Why do you think many people are so frightened by globalization as the world is in an increasing considerable change? Based on what is occurring in the world

  Do you think benchmarking is just another fad

Do you think benchmarking is just another fad, or is it really useful for all firms? Why, or why not? How could benchmarking be use in your place of employment?

  Antitrust regulation is designed to increase competition

Antitrust regulation is designed to increase competition by eliminating attempts to monopolize an industry (

  Assess customer demand

If a tooth whitening gel manufacturer wishes to assess customer demand which is a "how much or how many" question, why wouldn't a quantitative approach

  Describe and define the scope of the project

Describe and define the scope of the project and Identify possible risks, constraints, and assumptions

  Have you considered teaching project management

Have you considered teaching project management as a part-time or full-time career? Do you want to know what goes on behind

  Issue that needs legislative attention

1) Using specific data, explain why there is an issue that needs legislative attention

  Calculate descriptive statistics

You will have the opportunity to review concepts from your previous coursework in statistics. Calculate descriptive statistics for each of the three variables:

  Health insurance portability and accountability act

The case described in the Introduction is not atypical, even with as much emphasis as there is on information security; it is a good example of where an organization has violated the HIPAA and/or state laws.

  Business - society and the planet

BUGEN 5930 - Business, Society and the Planet - reflect on how these issues intersect with the world of business - Examples of businesses successfully engaging

  Describe specific motivational techniques

Describe specific motivational techniques that could be used within your organization or one that interests you to improve work performances.

  How is a security interest created

How is a security interest created? What are some of the different methods of perfection?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd