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777dan777 [17]
3 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]3 years ago
8 0

you didn't put a comma at the number part

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Jamie is saving for a trip to Europe. She has an existing savings account that earns 2 percent annual interest and has a current
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Answer:

forgo interest = $30

interest = $75

Explanation:

given data

annual interest = 2%

current balance = $4,500

borrow = $1,500

annual interest rate = 5 percent

to find out

how much interest would she forgo and how much will she pay in interest

solution

first we get here Forgo interest that is here

forgo interest = withdrawal amount × interest rate ..........................1

put here value we get

forgo interest = $1500 × 2%

forgo interest = $30

and

now w get here pay in interest that is

interest = amount borrow × interest rate ..........................2

put here value we get

interest = $1500 × 5%

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7 0
3 years ago
You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi
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Answer:

$270,000

Explanation:

The computation of the initial outlay of the project is shown below:

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We simply added the purchased price, installation charges, shipping cost and the investment in working capital so that the initial outlay could come

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3 years ago
Global Technology’s capital structure is as follows: Debt 50 % Preferred stock 35 Common equity 15 The aftertax cost of debt is
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Answer:

The computation is shown below:

Explanation:

The computation is shown below:

For weighted cost of each source of capital is

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Equity

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Therefore in the first part we multiplied the cost with the weight of each source of capital

And, then we add the all answers

8 0
4 years ago
Key numbers that financial managers use to calculate ratios usually come from the firm’s
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4 years ago
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