You intend to endow a scholarship that pays $7 comma 000 every 6 months, starting 6 months from now. If the appropriate discount rate is 2 % per 6-month period, how muc... | ISSUE.TIPS

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You intend to endow a scholarship that pays $7 comma 000 every 6 months, starting 6 months from now. If the appropriate discount rate is 2 % per 6-month period, how muc...

klaplante923
9 months ago
Business

You intend to endow a scholarship that pays $7 comma 000 every 6 months, starting 6 months from now. If the appropriate discount rate is 2 % per 6-month period, how much money will you have to donate today to endow the scholarship?

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