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Business, 11.09.2019 19:30 lovepink6524

When derek was a small child his grandfather established a trust fund for him to receive $20,000 on his thirty-fifth birthday. derek just turned 23. what is the value of his trust fund today if the trust fund earns 3% interest? if he had to wait until age 40 to receive the money, what is the present value today of the $20,000 to be received in 17 years?

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