1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
patriot [66]
3 years ago
6

You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to

deposit today in one lump sum to achieve this goal if you can earn a guaranteed 4.5 percent rate of return?
Business
1 answer:
aivan3 [116]3 years ago
8 0

Answer:

$2,222,222.22

Explanation:

The data provided in the question

Annual scholarship provided = $100,000

Guaranteed rate of return = 4.5%

So by considering the above information, the amount i.e deposited today is

= Annual scholarship provided ÷ Guaranteed rate of return

= $100,000 ÷ 4.50%

= $2,222,222.22

By dividing the annual scholarship by the rate of return we can get the deposited amount

You might be interested in
Which of the following factors will cause the​ long-run aggregate supply curve to shift to the​ right?
dlinn [17]
D.All of the above
Because all of the above will cause it
6 0
3 years ago
Please answer i m confused
valentinak56 [21]

False heebejeebiesweebies

4 0
3 years ago
Read 2 more answers
If a firm gives all international assignments to people without disabilities, assuming they will therefore not require special a
babymother [125]

Answer:

Disprate treatment

Explanation:

This type of work place discrimination is disparate treatment. This is a type of illegal Employee treatment. It has to do with treating an employee differently from other employees in the same job situation, based on a particular characteristics. By giving all international assignment to people without disabilities, this is an intentional employee discrimination.

Federal laws has a prohibition on job discrimination based on disabilities.

8 0
3 years ago
George has to present the goals of information management to his team member. What is a goal of information management?
Anvisha [2.4K]

First, we should know the definition of the information management. Information management is the management of information from the particular sources and then the distribution of that information to a particular person or audience. So the goal of information management is to make organization to be able to collect, manage, store and deliver correct information to the correct audience.




5 0
2 years ago
As women and minorities move up the management hierarchy, they're often finding it an easy road to travel.
Katarina [22]
The answer is false is is harder to move up because of racism and not wanting women to lead
7 0
3 years ago
Other questions:
  • Select the items from the following list that are included in financial literacy.
    9·1 answer
  • Smith, CPA, is a partner of Johnson Accounting Firm. Johnson audited the books of Hometown Bank. Smith's independence would be i
    10·1 answer
  • Marine Midland Bank sent market researchers door-to-door in the neighborhoods surrounding its branch banks. Each researcher want
    14·1 answer
  • What is the role of the three questions of economics?
    6·2 answers
  • Imagine you work for a company that produces cleaning products, such as S.C. Johnson & Son or Method Products. Technological
    15·1 answer
  • Jmes Graham Manufacturing is a small manufacturer that uses machine-hours as its
    8·1 answer
  • The conflict escalation cycle:___________.
    13·1 answer
  • Through fraudulent means, Frank induces Ethel to sign a contract to invest with him the profits from her business. When Ethel le
    6·1 answer
  • Why would police file an affidavit of probable cause before a person is
    9·2 answers
  • Lazer industries, inc. manufactures medical equipment parts and accessories. assume all amounts are pre-tax and a 21% tax rate f
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!