Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

You wish to establish a $20,000 annual scholarship at your old university. Theuniversity will manage the funds and expects to earn 8% per year on its investments uiz Information
1. What amount will you have to donate today to ensure $20,000 is available iseach indefinitely?