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For a charity event, one minute of game time is added for every $2 donated. How many minutes of game time would there be for a $1000 donation?
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- The Jefferson High School Band Booster Club has organized a raffle. The prize is a $6,000 car. Two thousand tickets to the raffle are to be sold at $1 apiece. If a person purchases four tickets, what will be the expected value of the tickets?8 years ago, you started donating $484 to a charity organization every year. You plan to continue to donate in the next 6 year(s). The discount rate is 7.3%. what is the present value of your donations?The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $6 each and will sell 700 tickets. There is one $3,000 grand prize, four $400 second prizes, and twelve $40 third prizes. You just bought a ticket. Find the expected value for your profit. ? Round to the nearest cent.
- 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.]Assume you are working with the foundation to fund a scholarship in your name. Currently, the foundation can earn a 5 percent return on any donations. A. How much money would you need to donate to fund a scholarship that pays $25,000 every year forever, starting one year from now? B. How much money would you need to donate if the foundation could increase their return to 7 percent on any donations?Imagine you are a philanthropist who would like to donate to a charity that provides shelter and assistance to homeless individuals. You would like to donate enough money to the charity to ensure that they can provide shelter for 13 homeless individuals every year in perpetuity. The cost of providing shelter per individual is $140 per day. If your investment fund pays a return of 2% per year, how much do you need to donate to the charity now so
- A non-profit has put $360, 000 into an account to help fund the programming at a community center for 4 years. The account earns 2.1 % interest. Answer the questions below. Round answers to 2 decimal places. (a) If the non-profit withdraws an equal amount of money at the start of each year (and interest is compounded annually), how much would the maximal yearly withdrawls be? $ (b) What would the total amount for the community center be? $ (c) If the non-profit withdraws an equal amount of money at the start of each month (and interest is compounded monthly), how much would the monthly withdrawls be? $ (d) What would the total amount for the community center be in this case? $A youth sports league held various fundraisers. They received $450 from a car wash, $271 from a bake sale, and $329 from a used equipment sale. The league decides to invest this money in a 2 year CD that pays 4.8% interest compounded daily. How much will the league receive from the CD in 2 years? The league will have how much money in this account after 2 years.Imagine you are a philanthropist who would like to donate to a charity that provides shelter and assistance to homeless individuals. You would like to donate enough money to the charity to ensure that they can provide shelter for 12 homeless individuals every year in perpetuity. The cost of providing shelter per individual is $60 per day. If your investment fund pays a return of 2% per year, how much do you need to donate to the charity now so that they can provide shelter for 1200 individuals every day in perpetuity? Enter your answer to the nearest cent (two decimal places)
- Mabuhay food corporation donates 500,000 pesos to the charity institutions at the ratio 1:1:2:2:4.How much did each charity institutions receiveGive typing answer with explanation and conclusion A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: The student can invest $7,500.00 today and then will be paid a 8.00% APR return starting on his 65th birthday (i.e For a $10,000 investment, a 9% rate would mean $900 per year). The program will pay the cash flow for this investment while you are still alive. You anticipate living 20.00 more years after your 65th birthday. The former student wants a return of 5.00% on his investments, but would like to consider this opportunity. Using the student's desired return, what is the value of this deferred annuity today on his 50th birthday?How did you end up with $25,520 for the large contributions?

