How big of an annual scholarship

Reference no: EM131032558

You want to endow a scholarship that gives the same amount of money every year forever. The discount rate is 7%. If you donate $100,000 now and the rst scholarship is awarded in 10 years, how big of an annual scholarship will it be?

Reference no: EM131032558

Questions Cloud

Determine the stock''s required rate of return : A constant-growing stock just paid $2 dividend and has a current market price of $30. Determine the stock's required rate of return if the company's constant growth rate is 5%.

Does it account for these motorcycles as 30 individual jobs : What are some additional costs that you would need to consider if the motorcycles were for customers that were overseas?

Interest rates are determined by nancial markets : Indicate whether the following statement is TRUE or FALSE and provide a short (max. 2 sentences) explanation in the space provided.

Foreign-language study : Choose a student in a U.S. public high school at random and ask if he or she is studying a language other than English. Here is the distribution of results:

How big of an annual scholarship : You want to endow a scholarship that gives the same amount of money every year forever. The discount rate is 7%. If you donate $100,000 now and the rst scholarship is awarded in 10 years, how big of an annual scholarship will it be?

Current financial plan : Current financial plan. Interpret current equity valuations in order to recommend strategic solutions regarding future financial goals. Consider how stock splits and stock dividend allocations can impact the plan

What was goal of the spanish administration in the americas : Which of these was the most important weakness of the Aztecs in the face of Spanish conquerors - What was the goal of the Spanish administration in the Americas?

Pharmaceutical company and considering : You are the manager of a pharmaceutical company and considering what type of laptop computers to buy for your salespeople.a. You can buy old machines for $2,000 each. These machines will be obsolete (no value) in three years and are expected to have ..

Common fruit fly drosophila melanogaster : Choose a common fruit fly Drosophila melanogaster at random. Call the length of the thorax (where the wings and legs attach) Y. The random variable Y has the Normal distribution with mean μ= 0.800 millimeter (mm) and standard deviation μ= 0.078 mm..

User Account

All Pages