Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 (5 points) Listen Assume your university earns an average rate of return of 6.40% on its endowment funds and provides annual scholarships of

image text in transcribed
image text in transcribed
Question 1 (5 points) Listen Assume your university earns an average rate of return of 6.40% on its endowment funds and provides annual scholarships of $40,000 forever from these funds. What is the amount of the university's endowment fund? $485,000.00 $2.560,000.00 $400,000.00 $625,000.00 $250,000.00 Question 2 (2 points) Listen What is the present value of $51.720 to be received 15 discount rate is 0%? ars from today if the $42.720.00 $0 $51.720,00 Can't discount at 0% $3,448.00 3 Question 3 (5 points) Listen You just won $17.500 and deposited your winnings into an account that pays 7.00% interest, compounded annually. How long will you have to wait until your winnings are worth $50,000? 15.50 years 13.70 years 14.70 years 16.20 years 17.30 years Question 4 (5 points) Listen 15 Oakland Mills has sales of $406,300, costs of $257.500, depreciation expense of $24.900, interest expense of $21.200, net income of $81,000, and taxes of $21.700. What is the Operating Cash Flow (OCF)? O $93.500 19 $82,100 $116,100 $103,300 $127.100

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cryptoasset Inheritance Planning A Simple Guide For Owners

Authors: Pamela Morgan ,Andreas M. Antonopoulos

1st Edition

1947910116, 978-1947910119

More Books

Students also viewed these Finance questions