Problem
Computer Colleagues, Inc., wants its name on the computer engineering building planned for the campus. For naming, the university requires that 60% of the first cost of the building and 20% of the maintenance be covered by an endowment. The building should initially cost $14M, and maintenance will cost $350,000 per year. If the endowment will be invested at 8%, how large a donation must Computer Colleagues make?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.