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Title: National Research Council is considering the establishment of $2 million endowment held in ... Post by: Hillier on Nov 27, 2017 National Research Council is considering the establishment of $2 million endowment held in perpetuity of a Visiting Professor chair at UOIT. The ongoing cost will be $12 500 at the end of each month. What monthly compounded nominal rate of return must be earned to fully fund the position?
A) 0.625% B) 6.25% C) 0.075% D) 7.5% E) 6% Title: Re: National Research Council is considering the establishment of $2 million endowment held in ... Post by: rmaccara on Nov 27, 2017 B
Title: Re: National Research Council is considering the establishment of $2 million endowment held in ... Post by: Hillier on May 14, 2018 Thanks so much
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