Question
If Lisa Hamilton wants to fund a scholarship that would pay $12,500 per year forever at GSU, how much would Lisa have to deposit today
If Lisa Hamilton wants to fund a scholarship that would pay $12,500 per year forever at GSU, how much would Lisa have to deposit today if she wanted the scholarship to start paying six (6) years from today? Assume the endowment could earn 6.25% p.a. interest forever.
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
