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Alysha, a retired librarian, would like to donate some money to her alma mater to endow a $ 7 , 0 0 0 annual scholarship.
Alysha, a retired librarian, would like to donate some money to her alma mater to endow a $ annual scholarship. The first
scholarship will be awarded in years. The university will manage the funds and expects to earn percent per year.
How much will Alysha have to donate so that the endowment fund never runs out? Round answer to decimal places, eg Do not
round your intermediate calculations.
Alysha must donate
$
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