Question
If you wanted to fund a scholarship that would pay $17,500 per year forever at GSU, how much would you have to deposit today if
If you wanted to fund a scholarship that would pay $17,500 per year forever at GSU, how much would you have to deposit today if you wanted the scholarship to start paying eight (8) years from today? Assume the endowment could earn 7.25% p.a. interest forever.
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Middle Market M And A Handbook For Advisors Investors And Business Owners
Authors: Kenneth H. Marks, Christian W. Blees, Michael R. Nall, Thomas A. Stewart
2nd Edition
1119828104, 978-1119828105
