Savings account to fund, If the university's school of

Savings account to fund

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If the university's school of engineering can earn 4% on it's investments, how much should be in it's savings account to fund one $5000 scholarship each year for 10 years?

Reference no: EM13734317

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Savings account to fund : If the university's school of engineering can earn 4% on it's investments, how much should be in it's savings account to fund one $5000 scholarship each year for 10 years?

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