Homework Answers
Annual scholarship payment:
= [$300,000×(1+6%)^9]×6%
= $506,843.69×6%
= $30,410.62
Add Answer to:
You have $300,000 to donate to your college. The college's discount rate is 6%. You donate...
You have $500,000 to donate to your college. You want to endow a perpetual scholarship that...
You have $500,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in one year. If the college's discount rate is 6%, how large will the annual scholarship payment be? The annual scholarship payment will be $ . (Round to the nearest dollar.) You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate of 5%. If the...
You want to end endow ment discount rate is 5%, what amount must you donate to...
You want to end endow ment discount rate is 5%, 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 in the first case, the amount you must donate today is $ 240000 (Round to the nearest cent) How would your answer change if you endow it now, but it makes the first award to a student 10 years...
you have 200,000 to donate, discount rate os 5% , first payment is made 10 years...
you
have 200,000 to donate, discount rate os 5% , first payment is made
10 years from today how large is the annual payment be
.math.com/Studesta c ada s cute c tive 373 192 alwaleed roghaib | 03/26/20 10:59 A Submit Quiz Me: Quiz Me: 4.2 Perpetuities This Question: 1 This Quir: 2 pts poss
1.You have a loan outstanding. It requires making three annual payments of $ 4,000 each at...
1.You have a loan outstanding. It requires making three annual payments of $ 4,000 each at the end of the next three years. Your bank has offered to restructure the loan so that instead of making the three payments as originally agreed, you will make only one final payment in three years. If the interest rate on the loan is 4 %, what final payment will the bank require you to make so that it is indifferent to the two...
You have been accepted into college. The college guarantees that your tuition will not increase for...
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 10 comma 100 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4.2 % (with semiannual compounding)...
You intend to endow a scholarship that pays $6,000 every 6 months, starting 6 months from...
You intend to endow a scholarship that pays $6,000 every 6 months, starting 6 months from now. If the appropriate discount rate is 55% per 6-month period, how much money will you have to donate today to endow the scholarship? You will need to donate _______ $. (Round to the nearest dollar.)
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...
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.)
15. aFind the present values of the following cash flow streams at a 6% discount rate....
15. aFind the present values of the following cash flow streams at a 6% discount rate. Do not round intermediate calculations. Round your answers to the nearest cent. 0 1 2 3 4 5 Stream A $0 $100 $450 $450 $450 $300 Stream B $0 $300 $450 $450 $450 $100 Stream A: $ Stream B: $ What are the PVs of the streams at a 0% discount rate? Round your answers to the nearest dollar. Stream A: $ Stream B:...
You have $500,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in one year. If the college's discount rate is 6%, how large will the annual scholarship payment be? The annual scholarship payment will be $ . (Round to the nearest dollar.) You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate of 5%. If the...
You want to end endow ment discount rate is 5%, 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 in the first case, the amount you must donate today is $ 240000 (Round to the nearest cent) How would your answer change if you endow it now, but it makes the first award to a student 10 years...
you
have 200,000 to donate, discount rate os 5% , first payment is made
10 years from today how large is the annual payment be
.math.com/Studesta c ada s cute c tive 373 192 alwaleed roghaib | 03/26/20 10:59 A Submit Quiz Me: Quiz Me: 4.2 Perpetuities This Question: 1 This Quir: 2 pts poss
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 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.)
Most questions answered within 3 hours.
-
S sells property with a $500 basis to B for $450, and B later
sells the...
asked 28 minutes ago -
On January 1, 20X7, Green Corp. paid $1,020,000 to acquire Wax
Co. Wax maintained separate incorporation....
asked 30 minutes ago -
C++
Write a class Fraction that defines adding, subtracting,
multiplying, and dividing fractions by overloading standard...
asked 1 hour ago -
This java code won't run and I can't figure out the problem with
it. Please help...
asked 2 hours ago -
Trace the following recursive methods:
a) isPal with the string “abccda”
b) isAnBn with the string...
asked 3 hours ago -
1. Which of the following is false about photosynthesis?
A. ATP is the molecule used to...
asked 4 hours ago -
A simple random sample of size n=64 is obtained from a
population with a mean of...
asked 5 hours ago -
(2 dimensions, 1 object, 2 accelerations)
1) A projectile is thrown with a wind. The wind...
asked 6 hours ago -
Brian makes $34,100 per year. How much can Brian expect to
contribute to FICA taxes in...
asked 7 hours ago -
To buy a new house you must borrow $155,000. To do this you take
out a...
asked 7 hours ago -
Spacely Sprockets is evaluating the construction of a new plant
on land the company purchased for...
asked 8 hours ago -
1. Consider a linear regression model of y on K regressors and
an intercept.
(i) Describe...
asked 8 hours ago