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lozanna [386]
3 years ago
12

Aloma, a university graduate who started a successful business, wants to start an endowment in her name that will provide schola

rships to ChE students. She wants the scholarship to provide $13,000 per year and expects the first one to be awarded on the day she fulfills the endowment obligation. If Aloma plans to donate $240,000, what rate of return must the university realize in order to award the annual scholarship forever?
The rate of return that the university must realize in order to award the annual scholarship forever is _____%.
Mathematics
1 answer:
elixir [45]3 years ago
5 0

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 %.

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Aleks04 [339]

Answer:

Rational Numbers

Step-by-step explanation:

- An integer in its most simplified form cannot be a decimal nor a fraction, meaning -4/3 nor -0.75 would work.

- A whole number is a number that is either positive or negative but cannot be a decimal in simplified form. -4/3 is -1.333.... which is less than one and negative, meaning it cannot be a whole number due to it obviously being a decimal.

- -4/3  is not a natural number as it is both a decimal and negative.

- -4/3 is not irrational because it repeats when in decimal form.

- -4/3 is rational as in decimal form it repeats and to give more information, rational numbers can be both positive and negative numbers. The 3 that repeats in the decimal form of -4/3 works as a rational number due to this.

Therefore, it would apply to the first square.

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3 0
2 years ago
Which expression represents the volume of the pyramid? One-fifth(5.2)h cm3 StartFraction 1 Over 5 h EndFraction(5.2)h cm3 One-th
anyanavicka [17]

Answer:

1/3(5.2)h cm³

Step-by-step explanation:

A solid right pyramid has a regular hexagonal base with an area of 5.2 cm2 and a height of h cm. Which expression represents the volume of the pyramid?

One-fifth(5.2)h cm3 StartFraction 1 Over 5 h EndFraction(5.2)h cm3

One-third(5.2)h cm3 StartFraction 1 Over 3 h EndFraction(5.2)h cm3

Volume of the pyramid = 1/3 × area × height

Area = 5.2 cm²

Height = h cm

Volume of the pyramid = 1/3 × 5.2 cm² × h cm

= 1/3(5.2)h cm³

7 0
3 years ago
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Hi plz help, if you can ill mark you 5 starz! :)
tankabanditka [31]

Answer:

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Step-by-step explanation:

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The sum of two numbers is 41. The larger number is one less than twice the smaller number. Find the numbers.
Arte-miy333 [17]
I hope this helps you



small a

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4 years ago
Solve the system of equations 2r + 2s = 50 and 2r – s = 17.
shutvik [7]
R = 14
s = 11

2(14)+2(11)=50
28+22=50

2(14) - 11 =17
28 - 11 =17
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3 years ago
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