Homework Answers
The answer is 300,000.
The cost of scholarship per year: $ 15000
Payout from the endowment is:5%
The size of the gift needed is calculated as follows:
Let x be the size of the gift needed
(5/100)*x= 15000
Solving the above ,we get
x= 300,000
Add Answer to:
A full scholarship at a land-grant university costs $15,000 per year. If the payout from the...
You want to endow a scholarship that will pay $15,000 per year forever, starting one year...
You want to endow a scholarship that will pay $15,000 per year forever, starting one year from now. If the schools endowment discount rate is 10%what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? In the first case, the amount you must donate today is $. (Round to the nearest cent.)
You want to endow a scholarship that will pay $11,000 per year forever, starting one year...
You want to endow a scholarship that will pay $11,000 per year forever, starting one year from now. If the school's endowment discount rate is 5%, what amount must you donate to endow the scholarship? The amount you must donate is $ (Round to the nearest cent.)
You want to endow a scholarship that will pay $10,000 per year forever, starting one year...
You want to endow a scholarship that will pay $10,000 per year forever, starting one year from now. If the school’s endowment discount rate is 4%, what amount must you donate to endow the scholarship?
You want to endow a scholarship that will pay $ 8000 per year forever, starting one...
You want to endow a scholarship that will pay $ 8000 per year forever, starting one year from now. If the school's endowment discount rate is 4 %, what amount must you donate to endow the scholarship?
You want to endow a scholarship that will pay $5,000 per year forever, starting one year...
You want to endow a scholarship that will pay $5,000 per year forever, starting one year from now. If the school's endowment discount rate is 6%, what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? n the frst case,the amount you must donate today is S(Round to the nearest cent)
You want to endow a scholarship that will pay $5,000 per year forever, starting one year...
You want to endow a scholarship that will pay $5,000 per year forever, starting one year from now. If the school's endowment discount rate is 10%, what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? O of 7 In the first case, the amount you must donate today is $ . (Round to the nearest cent.) 0...
Ross receives a $24,750 per year scholarship from University of Hawaii. The University specifies that $19,500...
Ross receives a $24,750 per year scholarship from University of Hawaii. The University specifies that $19,500 is for tuition, books, supplies, and equipment required for classes. The remaining portion is for room and board. As part of the condition of the scholarship, Ross must also work twelve hours per week as a grader, for which he is paid $10,500 for the year. Of the total amount received, how much, if any, must Ross include in taxable income?
You want to start an organic garlic farm. The farm costs $220,000, to be paid in full immediately. Year 1 cash flows wi...
You want to start an organic garlic farm. The farm costs $220,000, to be paid in full immediately. Year 1 cash flows will be $25,000, and grow at 5% a year into year 5 when you decide to sell the farm at the end of the year for $300,000 (in year 5 you get cash flows from selling both the garlic and the farm). Assuming these estimates are all correct, what is the IRR of the garlic farm investment? Round...
Aroad's maintenance costs $30,000 annually. Redoing the surface would reduce annual maintenance to $5000 per year...
Aroad's maintenance costs $30,000 annually. Redoing the surface would reduce annual maintenance to $5000 per year for 5 years, and to $15,000 per year for the next 5 years. Then maintenance costs return to $30,000 annually. If the interest rate is 6% per year, what is the maximum first cost that can be justified?
Week 6 South Hampton University is preparing its budget for the upcoming academic year. This is...
Week 6 South Hampton University is preparing its budget for the upcoming academic year. This is a specialised private university that charges fees for all degree courses. Currently, 30,000 students are enrolled on campus. However, the university is forecasting a 5 per cent growth in student numbers in the coming year, despite an increase in fees to $3,000 per subject. The following additional information has been gathered from an examination of university records and conversations with university managers: South...
You want to endow a scholarship that will pay $15,000 per year forever, starting one year from now. If the schools endowment discount rate is 10%what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? In the first case, the amount you must donate today is $. (Round to the nearest cent.)
You want to endow a scholarship that will pay $11,000 per year forever, starting one year from now. If the school's endowment discount rate is 5%, what amount must you donate to endow the scholarship? The amount you must donate is $ (Round to the nearest cent.)
You want to endow a scholarship that will pay $5,000 per year forever, starting one year from now. If the school's endowment discount rate is 6%, what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? n the frst case,the amount you must donate today is S(Round to the nearest cent)
You want to endow a scholarship that will pay $5,000 per year forever, starting one year from now. If the school's endowment discount rate is 10%, what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today? O of 7 In the first case, the amount you must donate today is $ . (Round to the nearest cent.) 0...
You want to start an organic garlic farm. The farm costs $220,000, to be paid in full immediately. Year 1 cash flows will be $25,000, and grow at 5% a year into year 5 when you decide to sell the farm at the end of the year for $300,000 (in year 5 you get cash flows from selling both the garlic and the farm). Assuming these estimates are all correct, what is the IRR of the garlic farm investment? Round...
Aroad's maintenance costs $30,000 annually. Redoing the surface would reduce annual maintenance to $5000 per year for 5 years, and to $15,000 per year for the next 5 years. Then maintenance costs return to $30,000 annually. If the interest rate is 6% per year, what is the maximum first cost that can be justified?
Most questions answered within 3 hours.
-
Ayesha’s adjusted gross income is $60,000 in 2019. She donated a
piece of artwork with a...
asked 3 minutes ago -
For Dijkstra’s shortest path algorithm:
a. Give the Big-O time for Dijkstra’s shortest path algorithm
and...
asked 15 minutes ago -
Phosphorus violates the 'octet rule' in biological molecules,
forming more covalent bonds than expected based on...
asked 19 minutes ago -
A 1.3 eV electron has a 10-4 probability of tunneling
through a 2.4 eV potential barrier....
asked 37 minutes ago -
What is the one ingredient that is common to being successful
with all stakeholders?
profit
trust...
asked 36 minutes ago -
Write an assembly language 32 bit program that reads in lines of
text by a .txt...
asked 39 minutes ago -
what is the density ( in g/L) of hydrogen gas at 29 degrees C and a...
asked 47 minutes ago -
5-6. You are considering three investment alternatives for some
spare cash: Old Reliable Corporation stock (A1),...
asked 39 minutes ago -
Problem 16-02
Receivables Investment
Medwig Corporation has a DSO of 45 days. The company averages
$7,250...
asked 54 minutes ago -
Mr. Brown hired Lowe's Maintenance Services Limited to repair
and paint the exterior wall of his...
asked 55 minutes ago -
When might an index slow down the overall performance of the
database? Choose the best answer....
asked 1 hour ago -
Due to a recession, expected inflation this year is only 2.25%.
However, the inflation rate in...
asked 1 hour ago