A College Received a Contribution to Its Endowment Fund of $2

question 130

Multiple Choice

A college received a contribution to its endowment fund of $2 million. They can never touch the principal, but they can use the earnings. At an assumed interest rate of 9.5 percent, how much can the college earn to help its operations each year?

• A) $95,000
• B) $18,000
• C) $19,000
• D) $190,000

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Definitions:

Voiding Position

The physical stance or posture assumed during the act of emptying the bladder.

Costovertebral Angle

An anatomical term referring to the area on the back formed by the lower border of the 12th rib and the vertebral column.

Percuss

To tap or strike the body lightly, especially in a medical examination to determine the condition of the underlying tissue or organ by the sound produced.

Pyridium

A medication commonly used to ease the pain, irritation, or urgency caused by urinary tract infections by numbing the bladder and urethra.