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Business, 21.05.2020 18:01 dbautista

Your grandparents would like to establish a trust fund that will pay you and your heirs $230,000 per year forever with the first payment 10 years from today. If the trust fund earns an annual return of 4.5 percent, how much must your grandparents deposit today?

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Your grandparents would like to establish a trust fund that will pay you and your heirs $230,000 per...
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