How much do you need to contribute to ualr

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Because of your wonderful experience in your finance class at UALR, you decide to decide to endow a scholarship in your name to some lucky student each year. Assuming endowment funds can earn 5% and that you would like one lucky student each year, forever, to receive a $6,000 scholarship, how much do you need to contribute to UALR?

Reference no: EM131853595

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