How much must the alumnus contribute immediately

Reference no: EM131004381

A rich graduate of your university wants to set up a scholarship fund for economically disadvantaged high school seniors who have a mental aptitude to become good engineers. The scholarships will be awarded starting now and continue forever to several individuals for a total of $100,000 per year. If investments earn at 5% per year, how much must the alumnus contribute immediately?

Reference no: EM131004381

Questions Cloud

Estimated lives and annual net cash flows vary : Use the PW method at 8% per year to select up to 3 projects from the 4 available ones if no more than $20,000 can be invested. Estimated lives and annual net cash flows vary.

Discuss the merits of the contentions of the parties : Discuss the merits of the contentions of the parties, analyze the outcome(s) and effectiveness of the tactics used by each side, and set forth what alternative actions each side could have pursued to resolve the situation in a better manner.

Discuss the facts that support that claim : Each issue should be addressed in the following format: Immediately identify the issue. For example. Fraud, Identify the party that can bring the issue/claim and against whom, Discuss the elements and Discuss the facts that support that claim

How these regulations create compliance requirements : An explanation of the role and function of each of the three agencies and how this affects businesses.

How much must the alumnus contribute immediately : A rich graduate of your university wants to set up a scholarship fund for economically disadvantaged high school seniors who have a mental aptitude to become good engineers. The scholarships will be awarded starting now and continue forever to se..

Explain how costcos select test-market warehouses : What strategy formulation tools might top management at Costco use to assess opportunities and threats to the company's future expansion?

Which one of the following is not true of a criminal case : Which one of the following IS NOT true of a criminal case? The fraudulent conversion of another's property by one in lawful possession of it is

Discuss specific characteristics of global botnets : Discuss Six specific characteristics of global Botnets (such as purpose, size, attack method, attribution, etc.), and describe how these characteristics have emerged, changed, or evolved over the past 5-10 years.

Important to prepare an exit strategy in a business plan : What legal agreements would be needed for the day-to-day management of your new business venture if you were to start one?

User Account

All Pages