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
k0ka [10]
3 years ago
12

Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the

corpus will be placed to earn interest is 5.5% and if the inflation rate is 4.0%, how much will she have to donate?
Business
1 answer:
Furkat [3]3 years ago
4 0

Answer:

the amount that she have to donate is $166,666.70

Explanation:

The computation of the amount that she have to donate is shown below:

Donation amount is

= Annual scholarship ÷ (interest rate - inflation rate)

= $2,500 ÷ (5.5% - 4.0%)

= $2,500 ÷ 1.5%

= $166,666.70

hence, the amount that she have to donate is $166,666.70

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Can you Describe the system that critics of mining towns referred to as wage slavery? Why did critics adopt this name?
telo118 [61]

ANSWERS: There was a format called Company Town where the company would virtually own and control the entire town including daily need item stores. Workers were lured with attractive wages and accommodation. But, the wages were paid in 'Scrips' which were company printed currency meant to be spent in the stores owned by the company owned and controlled stores inside the company town. This led to the employees getting dependent on employers and their personal freedom and space getting interfered by employers. This relation led to the term 'Wage Slavery'. This practice was continued in mining town till 1960s whereas the concept of company town ended in the 1920s.

7 0
3 years ago
Read 2 more answers
Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership
Law Incorporation [45]
Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.
8 0
3 years ago
Read 2 more answers
Tacoda Systems tracks consumers' online activity and delivers specific banners based on that activity. This tracking and ad deli
GaryK [48]

Answer:

Behavioral targeting

Explanation:

Behavioral targeting is an advertising technique that provides publishers and advertisers the opportunity to display relevant selling information and ads to users depending on the web-browsing behavior of the users.

Behavioral targeting mostly depends on data that are relevant to the behavior of user like items searched previously, last website visit date, pages viewed, amount of time used on a website, ads, content and buttons clicked, and among others.

Therefore, the tracking of online activity and delivery of ads based on that activity is called behavioral targeting.

8 0
3 years ago
Some companies attempt to maximize the revenue they receive from fixed operating capacity by influencing demands through price m
rosijanka [135]

Answer: Revenue management  

Explanation: Revenue management is the process under which an organisation tries to analyze the consumer behavior. This analysis is further used for the objective of making product available in right quantities  and at right price so that revenue could be maximized.

In the given case, the company is trying to influence demand by manipulating price, thus , they most be analyzing the relevant factors to do so.

Hence, we can conclude that this is an example of revenue management .

7 0
3 years ago
In order to outpace inflation when investing, your investments need to have a lower
Fudgin [204]

Answer:

False

Explanation:

Inflation can dry up funds for investment because savings may decrease due to the fact that when the savings money is repaid it can be worth much less than when it was lent and that the real rate of interest may be low.

7 0
2 years ago
Other questions:
  • If the price of good X rises and the demand for good X is elastic, then the percentage __________ in quantity demanded is ______
    9·1 answer
  • What is the Porter's 5 forces model?
    8·1 answer
  • The interest rate charged on overnight loans of reserves between banks is A) federal funds rate. B) prime rate. C) Treasury bill
    11·1 answer
  • Which of the following are advantages and characteristics of hot working relative to cold working (three correct answers):
    5·1 answer
  • Vella owns and operates an illegal gambling establishment. In connection with this activity, he has the following expenses durin
    14·1 answer
  • Physical distribution or shipping only refers to the process of transporting goods. True or false?
    12·1 answer
  • Shuck Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,200
    6·1 answer
  • Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows t
    8·1 answer
  • All of the following would be considered examples of employer postretirement benefits EXCEPT
    11·1 answer
  • What is true of people who are motivated by the need for achievement?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!