A wealthy donor wants to start an endowment for women in engineering at Fresno State University that will provide schola
Posted: Fri Jul 01, 2022 8:36 am
A wealthy donor wants to start an endowment for women in engineering at Fresno State University that will provide scholarship money of $10,000 per year beginning now (year 0) and continue indefinitely. If the funds earn 5% per year, the amount he must donate now is closet to: $350,000 $210,000 $500,000 $193,000