Question
a scholarship provider has $475000 which she will invest today to fund a scholarship forever. she expects to earn 4% on her money each year.
a scholarship provider has $475000 which she will invest today to fund a scholarship forever. she expects to earn 4% on her money each year. if she wants to begin paying out the scholarship starting today, what will the annual scholarship payment be?
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
