Unformatted text preview: an endowment that would provide $5,000 per year for lab supplies and maintenance plus money to purchase a new piece of equipment every 4 years at an estimated cost of $25,000. If the University’s endowed funds earn 5% per year, how much do we need to raise ?...
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This note was uploaded on 12/07/2011 for the course CIVL 4111 taught by Professor Moore,l during the Fall '08 term at U. Memphis.
- Fall '08