d to budget at least P1,000,000 for the facilities costs (repair and maintenance) every 5 years. If the investment earns 10% every year, how much will be the amount in perpetuity available year end from the grant for charity works?
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A humanitarian left in his will a P3,000,000 to be used for founding a perpetual charity. The foundation board of council agreed to budget at least P1,000,000 for the facilities costs (repair and maintenance) every 5 years. If the investment earns 10% every year, how much will be the amount in perpetuity available year end from the grant for charity works?
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- A generous donor has offered to fund a scholarship at UTP worth RM120,000 per year beginning in year 3 and continuing indefinitely. Determine how much the donor must provide right now if the UTP's donation earns 8% per year.A fund is to be donated by a wealthy man to provide annual scholarships to deserving students. The fund will grant P50,000 for each year for the first 5 years at 8% compounded monthly, P80,000 for each year for the next 5 years at 8% compounded quarterly, and P100,000 each year thereafter at 8% compounded semi-annually interest,. The scholarship will start one year after the fund is established. What is the amount of the donation?A fund is to be donated by a wealthy man to provide annual scholarships to deserving students. The fund will grant P120,000 each year for the first 5 years, P 30,000 per quarter for the next 5 years and P10,000 each month thereafter. The scholarship will start one year after the fund is established. What is the amount of the donation if i = 12% compounded annually?
- A fund is to be donatedby a wealthy man to provide annual scholarships to deserving students. The fundwill grant P120,000 each year for the first 5 years, P 30,000 per quarter forthe next 5 years and P10,000 each monththereafter . The scholarship will start one year after the fund is established.What is the amount of the donation if i = 12% compounded annually?A charity will be donated by a wealthy man to provide annual scholarships to deserving students. The charity will grant $120,000 each year for the first 5 years, $30,000 per quarter for the next 5 years and $10,000 each month thereafter . The scholarship will start one year after the fund is established. What is the amount of the donation if i = 12% compounded annually?A fund is to be donated by a wealthy man to provide annual scholarships to deserving students. The fund will grant Php5,000 for each of the first 5 years, Php8,000 for each of the next 5 years and Php10,000 each year thereafter. The scholarship will start one year after the fund is established. If the fund earns 8% interest, what is the amount of the donation?
- The will of a wealthy philanthropist left P5, 000,000 to establish a perpetual charitable foundation. The foundation trustees decided to spend P1, 200,000 to provide facilities immediately and to provide P100, 000 of capital replacement at the end of each 5 year period. If the invested funds earned 12% per annum, what would be the year end amount available in perpetuity from the endowment for charitable purposes? (I ONLY NEED CASHFLOW DIAGRAM PLEASE PROVIDE BELOW!)Camosun College has just received a donation of $50,000. The donor has stipulated that the funds should be used to fund an ongoing annual bursary with the first payment given out in one year. If the money is invested into an account earning 3.71% compounded annually (j1), how much will the annual bursary be? Your Answer:A generous alum would like to establish an endowment that would sponsor a student organization's conferences in perpetuity. A one-time cost of $500,000 must be paid today to purchase supplies for the conference. The conference is held once every four years and costs $90,000 . The first conference will take place at the end of year 4 . The alum's gift is invested in an account that earns 4% annually. How much would the alum need to place in the endowment to be able to sponsor the student organization's conferences? [Enter your answer with no dollar sign or comma.]
- The Pithybottoms want to make a donation to set up a scholarship trust fund at Hinose College. The fund is to support payments of $5,000 at the end of every three months in perpetuity. If the fund earns 7.5% compounded quarterly, how much must they donate?Emma wants to donate $1,000,000 to establish a fund to provide an annual scholarship in perpetuity. The fund will earn an interest rate of j4=5% p.a. effective and the first scholarship will be first awarded 2.5 years after the date of the donation. (b) Assume that the fund's earnings rate rate has changed from j4=5% to j4=4.75% one year before the first scholarship payment. How much does Emma need to add to the fund at that time (one year before the first scholarship payment) to ensure that scholarship amount will be unchanged (rounded to two decimal places)?A donor established a new scholarship that will pay $5,000 every 6 months to a deserving Kelley student. The scholarship will be awarded for the first time in November of 2021 (12 months from today). The donor decides that the scholarship should be provided in perpetuity. The IU Foundation manages investments like this for the Business School. The Foundation anticipates earning an APR of 8% per year on the invested funds, compounded monthly. What is the amount of the donation that must be given to the IU Foundation today to fully endow this Kelley scholarship?