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D Question 23 1 pts A university alumni group wants to provide a monthly scholarship to current students. If the scholarship amount of $500 is
D Question 23 1 pts A university alumni group wants to provide a monthly scholarship to current students. If the scholarship amount of $500 is awarded monthly beginning 1 month from now, and the fund earns interest at a rate of 2% per year compounded continuously, find the amount of the endowment the alumni are required to make now. $390,000 $360,000 $300,000 $150,000 $450,000 D Question 24 1 pts A math tee shirt business is expected to generate $30,000 in revenue per year for the next 5 years. If the income is reinvested in the business at a rate of 1% per year compounded continuously, which expression below is the present value of this income stream
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