Answer:
5.73%
Step-by-step explanation:
Calculation for the rate of return that the university must realize
Using this formula
Rate of return = Initial payment/(Plan to donate- Initial payment)
Let plug in the formula
Rate of return=$13,000/($240,000-$13,000)
Rate of return=$13,000/$227,000
Rate of return=0.0573*100
Rate of return =5.73%
Therefore The rate of return that the university must realize in order to award the annual scholarship forever is 5.73 %.
The answer is 0.82 so he eat 82 percent of the candy bar
Answer: the answer is D.108
How to solve your problem
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