Your grandparents would like to establish a trust fund that will pay you and your heirs $125,000 per year forever with t

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Your grandparents would like to establish a trust fund that will pay you and your heirs $125,000 per year forever with t

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Your Grandparents Would Like To Establish A Trust Fund That Will Pay You And Your Heirs 125 000 Per Year Forever With T 1
Your Grandparents Would Like To Establish A Trust Fund That Will Pay You And Your Heirs 125 000 Per Year Forever With T 1 (30.86 KiB) Viewed 12 times
Your grandparents would like to establish a trust fund that will pay you and your heirs $125,000 per year forever with the first payment one year from today. If the trust fund earns an annual return of 2.4 percent, how much must your grandparents deposit today? Multiple Choice $4,557,291.67 $5,952,380.95 $5,208,333.33 $4,340,277.78 $4,807,692.31
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