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777dan777 [17]
4 years ago
9

You want to endow a scholarship that will pay $ 7 comma 000$7,000 per year​ forever, starting one year from now. if the​ school'

s endowment discount rate is 6 %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?
Business
1 answer:
alisha [4.7K]4 years ago
8 0

you didn't put a comma at the number part

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