How much money is needed for the foundation


Problem

Classmates are mourning the loss of one of your college friends. Your friend was highly successful in the business world and was a true humanitarian devoting much of his time and resources to those who needed help. You want to propose to your classmates that you set up a foundation in his name to provide a $3,000 grant each year to one deserving student. Identify the data and two analytics techniques you could use to estimate how much money is needed for the foundation.

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Business Management: How much money is needed for the foundation
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